Hi,
We have plans to buy a space for a storage unit on the outskirts of the city. Our current inventory is congested and we plan on buying or renting a warehouse to store the big equipment.
I was thinking about buying a unit because it will be an asset in the future. I read about the industrial mortgage available for storage units and warehouses. It doesn't seem like a difficult task for me to get one. But, it confuses me whether to rent a space first before buying a property.
What do you think? Need advice.
We have plans to buy a space for a storage unit on the outskirts of the city. Our current inventory is congested and we plan on buying or renting a warehouse to store the big equipment.
I was thinking about buying a unit because it will be an asset in the future. I read about the industrial mortgage available for storage units and warehouses. It doesn't seem like a difficult task for me to get one. But, it confuses me whether to rent a space first before buying a property.
What do you think? Need advice.