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Updated over 11 years ago on . Most recent reply

Larger purchase, can't do 25%
I have purchased 3 4-family units last year, each with 25% down on a commercial load from my bank.
Now I am looking at a larger investment ($700,000) with a decent ROI of 13%, but I cannot come up with more than 5-8% of $700,000.
Where does one get financing for such a purpose with only a small ammount down?
Thanks,
Most Popular Reply

Thanks. Bringing some collateral and doing some private funding are both viable here. Can you explain more about seller carrying some of the debt. I have heard this before, but can't say I really understand the principle. The seller would take out a loan for part of the selling price? Or would I owe the seller directly for the ballance?
Thanks again.