Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Buying & Selling Real Estate
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 8 years ago, 05/02/2016

User Stats

129
Posts
25
Votes
John Weir
  • Contractor
  • Greenville, SC
25
Votes |
129
Posts

Commercial Loans

John Weir
  • Contractor
  • Greenville, SC
Posted

Hey guys I haven't posted anything in a while, took some downtime during the holidays. However, I've had a great deal placed at my feet early in 2016. It's approx. a 220 unit storage facility with about an acre and a half of growth opportunity. The ladies husband who owned it passed away and she doesn't care to deal with the hassle of the business. She hasn't given me a set price yet but I'm figuring around 4-600k for the units and land. It's not in the greatest areas in town but still a great investment. My question is what is the best way to go about getting a commercial business loan with only putting 10-15% down? I know most I've seen require 25+%, any ideas??

Loading replies...