Curious about commercial property ownership but don’t know where to start? Or perhaps you’ve considered it but don’t want to tie all your cash up in your asset? Or maybe you don’t have the time or resources to work on a complex real estate transaction.
Enter withco. Our lease-to-own partnerships enables the best business owners to become commercial property owners by helping you earn your down payment over time—you could own your property in just five years!
But how do you get from start to finish? Below, we’ve outlined a step-by-step guide to withco’s lease-to-own partnership, from determining eligibility to purchasing your property.
Running a business is a 24/7 job. So we made putting together your “paperwork” as easy as a few clicks. Link tools you already use to run your business and drag-and-drop your lease. It’s 100% free and confidential.
You get our Lease Checkup to understand the health of your current lease, and our Property Price Assessment to understand what you can—and should—pay for a building you’re interested in owning. You have the insights you need to make your move.
If you’re still looking for your dream property, we arm you with our withco Budget so you know the range of property prices we would support. If you’ve found your dream property, we submit our withco Offer to the building’s owner and handle the negotiation.
After our offer is accepted, we run due diligence with leading vendors to settle any issues with the building before we purchase it. We stay organized so you don’t have to and educate you on key decisions we’re making along the way.
You begin your 10 year lease, offering you long-term security. Each year you rent, we contribute 2% towards your withco Down Payment Credit. Within 5 years you have a 10% credit to purchase the building.
It’s your time to buy with your 10% withco Down Payment Credit. We help you get mortgage-ready, including for the Small Business Administration’s small business friendly loan program.