Financing a 12-Plex Apartment

[Benjamin Pifher]

So I have a new business a 2 properties in it. I found a 12-plex apartment complex that is pretty nice and I want to make an offer on it that would get me 6% ROI.

My problem is that I don't have the cash on hand for 20% down for a commercial loan. Could I use mortgage insurance to help me convince a lender to let me put down lower than 20%?

[Michael Oliver]

Quote from @Benjamin Pifher:

So I have a new business a 2 properties in it. I found a 12-plex apartment complex that is pretty nice and I want to make an offer on it that would get me 6% ROI.

My problem is that I don't have the cash on hand for 20% down for a commercial loan. Could I use mortgage insurance to help me convince a lender to let me put down lower than 20%?

Have you considered seller financing ?