Commercial Financing for property needing rehab

[Michael S.]

I currently own 3 small multifamily homes and am looking to jump into the commercial side. My current units are duplexes and triplexes. I want to sell these and purchase a big multifamily. I found an 18 family bulding that someone has started rehabbing and cannot complete. My question is what kind of loans are available to complete this purchase and repairs and what kind of down payment will be expected of me?