Hi All,
Would love to hear expert opinion please!
I stumble into a property consist of 2 single level units, both with 2 brms and it's being built on a cross leased property.
I would estimate that the rental of this units would be able to cover the mortgage loans.
What concerns me is the cross leased title as I would imagine it will be problematic to subdivide the land or if I wan to do some improvements.
Any thoughts for this kind of property?
Would love to hear expert opinion please!
I stumble into a property consist of 2 single level units, both with 2 brms and it's being built on a cross leased property.
I would estimate that the rental of this units would be able to cover the mortgage loans.
What concerns me is the cross leased title as I would imagine it will be problematic to subdivide the land or if I wan to do some improvements.
Any thoughts for this kind of property?
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