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Updated over 3 years ago on . Most recent reply
Creative Financing for Commercial Real Estate
Hi everyone,
Does anyone have any experience with getting financing for commercial real estate. I'm not looking for multifamily commercial real estate, but actually commercial real estate for office use. I'm interested in getting a warehouse with a showroom that I would be able to run a business out of and rent out the remainder of the building to tenants. Are there certain SBA loans that will assist with the down payment? If anyone has an insight on this, I'd love to chat.
Best,
Chris
Most Popular Reply
@Christopher Vu If you are planning to move in with your own business and occupy at least 51% of the space, you can use SBA loan to purchase the whole property. The down payment could be as low as 10%.