Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. 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 about 4 years ago on . Most recent reply

User Stats

44
Posts
63
Votes
Justin Reader
  • Rental Property Investor
  • Altoona, PA
63
Votes |
44
Posts

No money down commercial purchase

Justin Reader
  • Rental Property Investor
  • Altoona, PA
Posted

I have found a off market commercial property that I have an opportunity to purchase. the property includes a lease of the first floor which is medical rehibition center. the floor above has to apartments that need renovated. building also has a storage warehouse area built onto the rear.

  Tomorrow I'm going to pitch to my loan officer a plan to buy this building 20-25% under market value and use that potential equity as a down payment. Has anyone had any experience doing something like this? As far as the no money down exaction plan?

Tips and recommendations welcomed.

thank you - Justin

Loading replies...