Updated over 4 years ago on . Most recent reply
How do I purchase commercial properties with no money
I’m trying to buy my second investment property with no money. Having a hard time finding my second deal, I’m having luck with contacting small apartment building owners but they’re not willing to seller finance. Should I contact hard money lenders or private lenders? Where should I look?
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@Michael Williams
Unless you have a previous relationship with a hard money lender I think it would be a rare find to get one that will loan to you without you having skin in the game. It isn’t personal but for them it’s an investment as well except the investment is you. Hard money lenders don’t want the asset just a return on their money. I think you are on the right track looking for seller financing just keep in touch with the ones that said no and keep looking one will land eventually! The right place at the right time is key and these deals you are looking for are going to be hard to find! Best of luck to you!!