Conventional Financing Commercial MF
We’re looking to trade up from 1 door to ideally 20 doors and purchase a MF commercial building. On Brandon’s post building $1M net worth, he used 20% for the down payment. I’ve spoken with a commercial lender and commercial Broker, both state on commercial loans you need 30-40% down. Goal is to leverage my appreciating low cap rate market for a high COC/GRM market. What has been your experience and how have you structured the financing on commercial deals?
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Real Estate Agent CA (#01947914)
- Dulce & Co. | Real Estate
- 858.333.7597
- http://dulcebeltran.exprealty.com
- [email protected]