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Updated almost 5 years ago,

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10
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1
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Kirkley Cain
1
Votes |
10
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How to set up first commercial financing?

Kirkley Cain
Posted

Newbie here! Looking for advice. 

I am trying to figure out the best way to get started out of state investing as a complete newbie. 

Assuming one has - $30K set aside for down payments, no debt , strong W2s, FICO over 750 and is looking to parlay that $30K into as many doors as possible - What would be the best way to maximize the dollar to doors? 

It seems like commercial lending would be the way to go but is there a hurdle getting commercial arms to lend to a newbie real estate investor?

Thanks!

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