Commercial mortgage loan with 20% down payment. Need good quote.

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  • Bryan O.
    Specialist · Lakewood, CO · Member since 2014 · 1k+ posts · 1k+ votes
    10y

    Maybe call some lenders?

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  • Joel OwensBusiness Member
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    Real Estate Broker · Canton, GA · Member since 2010 · 15k+ posts · 11k+ votes
    10y

    Lenders are asset and deal size specific.

    Have to convey clearly what you are trying to buy and at what cap rate for the 20% down. Lower cap rates 20% down the DSCR numbers will not work for a lender.

    I am not seeing 20% down except for multifamily at good cap rates for purchase. Most commercial lenders want 25% to 40% down depending on cap rate and asset type and what tenants are on the leases.   

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  • Russell BrazilBusiness Member
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    Real Estate Agent · Washington, D.C. · Member since 2012 · 17k+ posts · 30k+ votes
    10y

    Im seeing 30%-35% down payment requirements in my own market. (We have pretty low cap rates here)

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