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Commercial Real Estate Investing

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Ethen Royal
  • Rental Property Investor
  • Warner Robins, GA
5
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18
Posts

I am looking for Commercial Financing for a first time investment

Ethen Royal
  • Rental Property Investor
  • Warner Robins, GA
Posted Jul 3 2021, 07:58

Hello all, I am in the process of purchasing my first multifamily unit which consists of 8 2 bedroom apartments, in which are already rented out. The property is listed for 640,000 which is a bit overpriced so I offered 550,000. I have 30 percent of the purchase price but was looking to see if there are any lenders who would do 20 percent down like a typical single family investment property. If anyone knows a good place for first time commercial investors or who has good rates could you please point me in the right direction. Thanks

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