Min. Amount of Capital Needed

[Sam Mann]

What is the minimum amount of capital needed for someone who currently is not working, to purchase a commercial property, such as a motel, with a down payment of 20% and getting a mortgage from a bank, and being able to live off of the profit of the business (netting at least 40k after mortgage payments)?

[Sam Mann]

Originally posted by @Daniel Chang:

$500,000

In reality, there are so many variables to your question that no one can give you a true answer.  For instance, a down payment of 20% really is a residential thing.  Most commercial properties are bout 30-40% down.  But regardless, if you have half a million liquid, I think you have a good chance of achieving what you are speaking of.    

 So if I only have 200-400k, you dont think I can leverage that to purchase a commercial property that would net me at least 40k after mortgage payments?