I am working to acquire a commercial property, this will be my first deal! My realtor is asking how much money I would like to put down.. (always as little as possible, even looking at seller financing) but how do I answer that with out sounding like a risky buyer? How much info do you share with realtors when you are looking for a property?
Your agent is probably wanting to know because they will be putting that information on the contract. They completely understand that you want to put the lowest amount down so I would just tell them what percentage you want to put down.
Your agent should know your price range and the percentage you want to put down.
Thanks @Brad Hammond !
Congratulations on your first commercial deal!
We all want to put as little down as possible so don't feel that you are a risky buyer. Agents love deals so as long as you are fair and transparent with the agent you will be good to go!
When it comes to owner financing (which I love) most of the time they will ask for more down than you are comfortable with. Always negotiate less down when possible.
Good luck with your deal. I look forward to hearing about it closing.