Commercial loan question
Hello everyone! I'm looking for insight from those who have experience financing commercial real estate deals.
Im looking at an auction for a property that is currently a restaurant owned by a group who open franchises across the US. They have a 20 year NNN lease with a personal and corporate guarantee. I'm wondering if a bank or financial institution would finance something like this for little to no money down. The risk is low since they are an experienced group who open franchises all over and with personal guarantees.
I think it's a great opportunity but I know it will trade for good money done the financials, but I wouldn't be able to put a big down payment. Thoughts.....