How to assume someone else’s commercial loan

[Tracey St.Julian]

I’m looking to owner occupy an office space. The owner still has a mortgage on the space. The office is medical. I’m trying to find a way to limit my out of pocket funds and minimize how much initial capital I need to put in. I would prefer not to have to put down 20%. Is it possible to assume the loan and refinance in 3-5 years to payoff the seller.