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Updated about 7 hours ago,

Mark Daniels's profile image
Mark Daniels's profile image
Mark Daniels
  • Member since Jan 30, 2024
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Mark Daniels's profile image
Mark Daniels's profile image
Mark Daniels
  • Member since Jan 30, 2024
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Mark Daniels
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Commercial Real Estate Investing

Advice on borrowing against a paid off Commercial property to buy an additional one.

Mark Daniels
Posted

I know in residential lending you can get a HELOC to borrow a down payment to buy another property. Does this exist in the commercial realm? Current value of paid off property is roughly 350k , looking to borrow 75k-100k down payment to purchase a 275k commercial property. Any advice? Thank you!

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