Down payment option for commercial property

2 Replies

Hi, I’m just starting out and wanted to collect some opinions about some creative ways of coming up with a 20% down payment on a million dollar commercial property (6+ units).

I'm a business owner and would consider pulling equity/line of credit for the down payment, but not sure if that the best/only option.

Thanks in advance for your suggestion, comments and guidance.

I'd look for something you can BRRRR using other people's money - equity partners, JV partners, private money or hard money. That way you put none (or a small amount) of your own money into the deal and end up with a bunch of equity.