Creative way to purchase a commercial property

2 Replies

I am looking at a commercial property which i am borderline qualify to purchase. The building needs work. The seller loan is at the end of his 5 ARM.

To purchase the building with a new mortgage and to make repair i wont have enough capital. Bridge loan too expensive.

any creative ways i can enter a partnership, make repair and be added to the mortgage with refinance?

@Dee Xixi  sounds like you are trying to MAKE this deal work. I would run from this deal if I was in your position. Focus on the basics, get a solid foundation. Once you do that you won't need anything "creative"

Promotion
Ashcroft Capital
A national multifamily investment firm
Three Reasons Investors May Prefer Real Estate
Read three reasons why investing in real estate private placements may provide several advantages.
Read More Here