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Kevin Bristow
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Commerical Lenders who don't require a large down payment

Kevin Bristow
Posted

I am trying to find a lender or lenders that offer financing with a minimal down payment for multiple professional office properties that are all under long-term lease agreements with the current tenant.  I was told a few years ago that there were some podcasts on BiggerPockets about some special lenders who do offer this type of lending.   I have looked into a possible SBS 504 funding; however,  I am looking at a range of around $6-6.5 million for all the properties that are being sold as a portfolio, and the SBA doesn't offer lending over $5 million, I was told.   The business would be located in Minnesota, and the properties in question would be spread out in 3 different states in the Midwest.    Thanks for any help in steering me in the right direction.

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