No Money Down Commercial Real Estate??

[Brandon Hicks]

First off, I completely understand that no cash down seller financing happens in multi-family and MHP’s a fair amount. I myself have purchased 12 and 16 unit apartment complexes with no cash down. Actually the 16 was a $1000 down but the seller gave me over $14k in checks at closing. Has anyone done a no cash deal with mom and pop sellers on a strip mall or small office complex? Am I wasting my time mailing to these types of property owners? I’d love to hear some success stories and deal structures if you’ve done this.

[Ash Patel]

Have not.  I can't imagine that in today's climate that would be easy.  I have run across strip owners that have wanted to get out and retire.  Those people have offered pretty attractive financing terms but always required some down payment.