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hey Peter Conti co-author of commercial real estate investing for dummies here to talk about doing commercial lease options on apartment buildings and other commercial properties if you know about doing a lease purchase on a house a commercial lease option is a similar process that you can use to acquire small apartment buildings and other commercial properties theres three steps to it step number one is you put together a deal using creative terms which is awesome because right now with all the uncertainty going on in the marketplace conventional financing is not readily available which means that commercial property owners are going to be more open to putting a deal together using either owner carry terms a commercial master lease or maybe buying the property leaving the existing financing in place thats step number one step number two is you apply the 8 profit activators these are things like increasing the rents if the rents are below market which is one reason we look for proper