Updated almost 4 years ago on . Most recent reply
Unique commercial financing for business owner ?
I have a friend who is looking to buy a building that is 2.6 million. The building is commercial and currently takes in about 150k in rent. He owns a business at this building in which he pays 120k a year on his lease. Is there a lender or way to do the deal with 10% down? The owner doesn't want to hold the note. The owner could come up with more cash for the down payment.