Updated almost 5 years ago on . Most recent reply

Purchasing commercial property with no down payment
Who should I contact first before purchasing my first commercial multi family property without having the 20%-25% down payment? Hard money lenders? Private lenders? Should I try and use seller financing if its available?
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Greg Dickerson
#2 Land & New Construction Contributor
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- Charlottesville, VA
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Your best option is to find private lenders. Even if you get 100% other financing you will need to pay closing costs. The other options you mentioned require down payment and closing costs