NNN - Triple Net Financing
Considering a triple net investment property is one of the smartest investments one can make, these investments are highly attractive for a great number of reasons. NNN leases provide a steady and secure source of income for investors as tenants traditionally commit to longer term leases. The tenants are often large franchises which can guarantee the tenant’s financial instability. NNN leases are also attractive as the operating expenses, real estate taxes and insurance are transferred onto the tenant, alleviating the owner of managerial obligations. Investors using the 1031 & 1033 tax deferred exchange code avoid taxes when deciding to sell the asset, this process will allow investors to accumulate wealth without having to pay taxes by investing into another property. Let North Fork Commercial help you secure a loan for the acquisition or refinancing of your next NNN property.