Down payment percentage on commercial multifamily
I know for residential multifamily properties (4<units) banks are looking for 25% down. I understand that commercial loans (4>units) are more flexible. Is 20% down feasible? What are banks requiring?
I know for residential multifamily properties (4<units) banks are looking for 25% down. I understand that commercial loans (4>units) are more flexible. Is 20% down feasible? What are banks requiring?