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Updated over 15 years ago on . Most recent reply

Need help from lenders
I'm looking at a couple of NNN properties and would like to have the ability to make a solid offer on them.My problem is I don't have the funds for a down payment.The properties have 20 year leases and the annual rents will easily cover the debt service.
I'd like to know how to access down payment funds that are ACCEPTABLE to the bank.I've spoken to a couple of brokers who say it's very difficult.One suggestion is I could find equity partners and form an LLC.I was wondering if there were other ways like private investors,angel investors etc..that would be an acceptable form of down payment to the bank.
Thanks for your help