Commercial Real Estate Investing
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated about 5 years ago,
Commercial property needs repair- how to finance/ buy?
I’m new to commercial financing. I am interested in this commercial property that requires some repairs but the owner wants cash / hard/ private finance. I am assuming someone tried to purchase it but finance didn’t go through because of the repairs it needed. The property is $500k and probably needs about $50k of work. What option is there to finance this?