Beginner Commercial Property Financing

[Trevonte Mosby]

Hey Bigger Pockets Team,

I'm currently looking to start moving in the direction of commercial real estate. What are some ways to get financing for beginners on commercial property?

[Gage Edwards]

Trevonte, previous experience in real estate investing does play a factor in the lender you work with and the terms you may receive. Many lenders will ask for a schedule of real estate owned to show your past experience. Lack of experience will not disqualify you from obtaining financing but it may limit your source of financing. My suggestion is to you use a private lender or non-bank commercial lender, they will have more flexibility than traditional or conventional sources.