Investing in triple net properties

[John Michael Mattingly]

I have 6 residential units and would Like to transition into the commercial real estate world. Preferably triple net properties. I've read that you have to have 30-40% down for a NNN property. Is there anyways around this if you lack capital? Can somebody help me transition in to the commercial side of real estate? And advice would be great!

[Ash Patel]

My advice. Get in bed with a local lender that has less than three locations. I have been with the same small local lender for 10+ years. For the first couple of years I had to put down 30% on all commercial deals. Since that time, all of my deals are at 20%. This includes everything from NNN to vacant buildings. The same people that I dealt with 10 years ago are still there. Even regional banks have a lot of personnel movement which makes it harder to build relationships. I used to bank with a big bank and was part of their private client group. Big banks only want to finance the easy deals and often want nothing to do with smaller value add deals.