Commercial Real Estate Buying Criteria

First Capital Funding Corporation is looking to buy Commercial Real Estate Nationwide.  To follow are the types of properties we are most interested in.

Please understand that if your property is not mentioned below, it does not necessarily mean that we have no interest in it.  Each property is evaluated based on its own merits and your property may fit our criteria.  When in doubt, submit it to us for evaluation.  We will gladly loot at it and let you know.

IMPORTANT: We are interested in properties that we can make a profit on.  Please do not submit properties asking for full retail price.  We simply will not respond.  We never pay full market price for any property.

We are currently most interested in:

1. Apartment complexes nationwide.  We will consider any apartment complex in the continental United States that represents good profit potential.  As a rule we are looking for properties that have a market value of $1 million or more as-is, that can be purchased below market value, and have several of the following conditions present:

2. 1. a high vacancy factor

   2. run down condition

   3. foreclosure

   4. high cap rate

   5. low asking price per unit

   6. seller offering some short-term owner financing

3. Office-Retail Buildings, Warehouses, Industrial, & Mixed use.  Same criteria as with apartments -- we will consider anything in the continental United States but mostly we are looking for properties that have a minimum of 50,000 square feet of rentable space and a market value of $1 million or more as-is, which can be purchased substantially below market value, and have several of the following conditions present:
4. 1. a high vacancy factor or totally vacant
   2. run down condition
   3. foreclosure
   4. low asking price per square foot
   5. additional land surrounding building
   6. seller offering some short-term owner financing

5. Mobile home parks.  The bigger, the better.  We will consider anything in the continental United States and mostly we are looking for properties that have a market value of $1 million or more as-is, that can be purchased below market value, and have several of the following conditions present:

   1. large number of "used" mobile homes

   2. run down condition

   3. foreclosure

   4. low asking price per pad

   5. additional land surrounding park

   6. seller offering some short-term owner financing

6. Raw land.  The larger the tract, the better.  We will consider anything in the continental United States.  In general, we are looking for land that has a market value of $2 million or more as-is, that can be purchased substantially below market value, and has some of the following conditions present:

   1. seller offering some short-term owner financing

   2. in the path of progress

   3. foreclosure

   4. already zoned multi-family, commercial, or industrial (or a strong candidate for re-zoning to either of these)

   5. road frontage

   6. utilities

7. Defaulted paper. Defaulted notes, liens, mortgages, and judgments on any type of property listed above. See the defaulted paper page.

If you have a property that matches one or more of the above, click here to get started!