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John Mckee
  • Investor
  • Fairfax, VA
62
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145
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commercial financing in VA/DC/MD

John Mckee
  • Investor
  • Fairfax, VA
Posted Jan 23 2022, 10:29

I spoke to 3 lenders that want 40-50% down range on a mom and pop bakery. Yes they are new, but have a 10 year lease with personal guarantee. It's a class A location. That's too much to put down as it takes away the leverage of real estate. Is this typical?

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