Commercial property type that qualifies for 100% private funding

2 Replies

@Jazmin Moore

I second what Greg has said above. If you are going the private lending route, and therefore choose to work with an individual private lender, there are no standard qualifications. 

Also, consider that it is a highly unusual scenario to be able to get 100% funding. From the lender's point of view, they are taking all of the financial risk in advancing 100% of the total costs.

As a general paradigm, you should be prepared to bring a certain amount of the project costs to the table (which will vary somewhat depending on your creditworthiness as a borrower, and also the quality of the deal), and then use a lender to leverage the capital you can bring to bear.

Hope this helps,