Peter Conti & Jerry Norton – Commercial Backflips

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Peter Conti & Jerry Norton – Commercial Backflips

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If all you know about Flipping Commercial Real Estate is the time proven method of assigning your purchase contract, then keep reading to discover all three ways to flip commercial real estate.

This has got to be the most exciting time in my 20 plus years of real estate investing. The distressed commercial market along with a backlog of commercial properties with over-sized loans has created an environment where lenders are dumping commercial properties off their books at “Give Away Prices” that are vastly lower than anything I’ve even seen.

Commercial real estate still has value. We all drive by, stop in, shop, do business in and see our dentist and doctors in commercial real estate. Commercial real estate is a necessary asset to our society that will always be needed and valued. The problem is that the over-heated real estate market created situations where good commercial properties, with well run, viable businesses, were saddled with huge loans that were suddenly no longer affordable once the economy went South.

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