Creative Financing For Commercial Real Estate with Jeremiah Boucher (Patriot Holdings CEO) and Marty Grizzanti
Jeremiah Boucher (Patriot Holdings CEO) and Marty Grizzanti.
Jeremiah Boucher built a $350 Million portfolio of commercial assets (self-storage facilities, mobile home parks, industrial assets) from zero, through constant improvement, investing ahead of the curve, and hard work & execution.
In this episode:
- Industrial vacancies are at record highs for small operations or tenants.
- The biggest problem for investors is financing, but if it's in place, they have more leeway.
- Finding deals and negotiating seller financing are the host's two strengths.
- In the current market, all-cash offers and bank financing can provide an edge for investors.
- The master lease strategy is still viable for those with limited cash or who want to keep their cash flow intact.
- The master lease allows the buyer to control the property and make improvements while paying a fixed fee to the seller.
- To execute a master lease, the buyer should have operational advantages and be able to add value to the property.
- These types of deals are not typically found on the MLS or LoopNet. They require personal relationships with sellers.
- The master lease strategy can help investors acquire troubled assets and turn them around for profit.
- The current market climate provides opportunities for investors who are willing to work hard, hustle, and be creative with financing options.
It doesn't matter where you are now, you can do more, and you can do better. Success in Real Estate starts with drive and determination - to find great deals, get the right investors or investments, and close on the best projects.
Are you interested in investing in Commercial Real Estate?
Learn more at www.patriotholdings.com