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Updated over 5 years ago on . Most recent reply

Abraham Ward's profile image
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Abraham Ward
  • Member since Aug 15, 2019
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Abraham Ward's profile image
Abraham Ward's profile image
Abraham Ward
  • Member since Aug 15, 2019
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Abraham Ward
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7
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Commercial Real Estate Investing

Money down on commercial loan

Abraham Ward
Posted

I am looking at purchasing a small apartment building in upstate New York. The commercial banker says I need 25% down for an SBA. I've read on this website that some people are getting commercial loan at 10% down. My goal is to purchase more properties and 10% down would get me there quicker. How is this accomplished? Everyone I've talked to says 25% down.

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