Commercial Real Estate Investment/Gawadar port

Advertisement


Question
I am from Pakistan below is my question and concern. I will highly appreciate a generalized answer that can help me buying commercial land for the first time.
Gawadar port is in its developmental stage and right now land price really cheap there . It seems that in future the price of land will increase significantly. So if i want to buy commercial area near the port, what are the things i should be looking for and what should be my consideration in general?
Best Regards

Mahreen Junaid

Answer
Mahreen,
   First thing would be to find experts who are familiar with the land and the process. Every area has different laws and different rules. Spend time with people who are from Pakistan and find a zoning lawyer to make sure you can build there, find a real estate professional to find out what the comparative prices
for land is and find a banker or a mortgage banker to find out whether you have the ability to raise the capital.
   This is too complicated a deal for a novice without professional assistance. Good luck

Commercial Real Estate Investment

All Answers


Answers by Expert:


Ask Experts

Volunteer


Terrence Cullen

Expertise

Questions concerning financing of commercial properties.

Experience

Fannie, Freddie, FHA, and conduit versed lender for over a decade.

Education/Credentials
St. Joseph's University, American University, and numerous corporate funded classes and seminars concerning HUD 220, 232 and 221d4 and Fannie, Freddie, and conduit lending.

©2016 About.com. All rights reserved.