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Commercial Foreclosures - A Great Investment!
By John Wesley
Most real estate investors are familiar with the in's and out's of buying foreclosed homes for
investment purposes. But few people pay much attention to the commercial foreclosures market. This
is a shame because commercial foreclosures represent a great way for someone like you to jump into
real estate investing game and make some nice cash.
Even though the population of investors who have commercial foreclosures on their radar screens is
fairly small, this industry has still seen a sharp rise in recent years. This is partly due to the number of
commercial foreclosures that are coming on the market, as well as the amount of profits that can be
earned from these investments.
Working with commercial foreclosures is quite similar to the foreclosures process that take place on
traditional homes. Such properties are repossessed by the bank because the owner failed to pay their
mortgage.
So, in an effort to recoup some of its investment, the bank will sell commercial foreclosures to the
public. Anyone who is interested in purchasing real estate can then buy these properties at a
discounted price.
Commercial foreclosure properties are those that can be used for business, such retail space. In most
instances, investors will buy the commercial properties and rent them out to businesses that are in
need of office space. This can be quite lucrative since because office space is at a premium right now,
a