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Updated over 5 years ago on . Most recent reply

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Erika Noonan
  • Utah
0
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5
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Commercial Property 1 million, what worked for you?

Erika Noonan
  • Utah
Posted

Hello! Please let me know what has worked for you and what your great ideas are.  We own a home with some accessible equity immediately (maybe 75K), have a decent amount in 401ks.  Looking at a commercial property for around 900k-1 Million purchase price.  The location and potential are great, but I don't have 250K in the bank. What did you do for financing?  Favorite lender? What kind of rates am a I really looking at?  Minimum amount down?

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