Updated over 8 years ago on . Most recent reply
Commercial loan for a multifamily building.
Hello BP community!
I just came across a property that has an ROI of 30% that I need the down payment of 20 - 25% commercial loan for. What are some creative ways that I can use to come up with the money? Does commercial loan allow for me to use my 401K as the down payment? how about gift from family? How does seller finance work?
Thanks so much for your input
Thao
Most Popular Reply

Hello Thao,
You can take a loan against your 401K for down payment. Is this a turnkey property or require rehab?