Updated about 4 years ago on . Most recent reply
The bank won't give me enough to buy the property. What can I do?
I'm trying to buy a owner-occupied commercial property for $345,000, and the bank will only approve us buying $300,000. (Loan of of $270k & I put $30k down). I have 30k for a downpayment but not 75k to reach asking price.
How could I look for a second loan source for the difference? Would that affect the bank's willingness to loan for the property?
Do you know someone that could help me?