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Updated almost 7 years ago,
No Money Down Commercial Real Estate??
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.