Medre Library
Buying a building
Down payments, guarantees, appraisals, and debt. What ownership costs before it pays.
Owning the building your practice sits in is a good outcome and a real bill. This shelf is about the bill: the down payment that leaves the practice, the personal guarantee the bank calls standard, the appraisal that decides your loan, and the debt you carry until ownership starts paying you back.
We are honest about the guarantee in particular, because a physician on our own team signed one. It is one line on a term sheet and a claim on your house, your savings, and your next decade of decisions. Worth signing, sometimes. Worth understanding first, always.
And because our whole business is an alternative to buying, this is also where we tell you when to skip us. Real capital, a stable market, and a decade of certainty, and buying outright is often the cheaper move. If that is you, this shelf will help you do it well.
Everything on this shelf (2)
What a personal guarantee actually costs you.
The bank calls it standard. It's a claim on your house and on your next decision. What guaranteeing a commercial mortgage means before anything goes wrong.
When owning your first building is actually the cheaper move.
The cases where we'd tell you to skip us: real capital, a stable market, and a decade of certainty. How to know whether that's you.
The one-page guide
The Medre structure and the questions worth asking any lender or seller before you sign a guarantee. Built to forward to your accountant.
Bring us the document.
A renewal notice, a term sheet, a sale-leaseback offer, or just the town you want to practice in. Thirty minutes with the founders, real numbers, no deck. A straight answer if the answer is no.
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