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Updated almost 9 years ago on . Most recent reply

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1,537
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253
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Bhekizwe M.
  • Bulawayo, Zimbabwe
253
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1,537
Posts

Mixed use properties

Bhekizwe M.
  • Bulawayo, Zimbabwe
Posted

Hi all

i've been looking at commercial properties and came across a few that seem great(cash on cash=>60%, cashflow positive after mortgage payments and expenses and cap rate over 20%).

What is the newbie to do if i dont have the down payment? Conventional Lenders offer maximum 60% LTV

Find a great deal and the money will follow?

Thanks in advance

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