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Updated almost 6 years ago,

User Stats

5
Posts
0
Votes
Thomas DePaul
  • Rental Property Investor
  • Norristown, PA
0
Votes |
5
Posts

Commercial mixed use loans

Thomas DePaul
  • Rental Property Investor
  • Norristown, PA
Posted

I am in the process of purchasing a commercial mixed use property. It has a small grocery store on the first floor, a 3 bedroom apartment on the 2nd and 3rd floor and 8 garages that rent at the back of the property. Does anyone have any good spots to go for financing. Purchase price is going to be around $180k, I am looking to put 20% down. A local bank has really good terms with 30% down but that is more than I want to come out of pocket right now and all the local banks want 30% down.

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