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Updated over 6 years ago on . Most recent reply

User Stats

15
Posts
2
Votes
Adam Lawrence
  • Turlock, CA
2
Votes |
15
Posts

Down payment for commercial loan

Adam Lawrence
  • Turlock, CA
Posted
I am looking at a industrial property that is 650k. I am purchasing with a partner. Is it a problem having part of my half of the down payment coming from a signature loan from a family member? The property cash flows and the rents per square food are about 20 cents too low. There is a lot of room for improvement on this property.

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