Here is everything you need to know about the essentials of buying commercial real estate in 60 seconds or less.

1. Figure out the physical characteristics of the real estate you need compared with what you would like to have.
   
   
2. Determine what you can afford for a downpayment and then find out the loan size you can get approved for.
   
   
3. Assemble a team. Find a team of professionals *who specialize in the work you need done* who can review the legal and financial aspects of the transaction as well as inspect the physical elements of the building and land.
   
   
4. Do the deal, here’s how: 

• Survey what is available
• Tour the properties
• Make offers
• Negotiate a Purchase and Sale Agreement
• Engage your team to study the Due Diligence items
• Begin coordinating your move
• Close the deal.

I’m David Skinner, and this is the CRE Coach where together you and I are lifting the hood on commercial real estate.