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Updated over 8 years ago,

User Stats

95
Posts
22
Votes
Matt Heath
  • Rental Property Investor
  • Hartland, WI
22
Votes |
95
Posts

Looking for tips to get into commercial real estate

Matt Heath
  • Rental Property Investor
  • Hartland, WI
Posted

Hello Everyone,

I am trying to get into commercial multi family apartments and I have 32k saved up in the bank along with my 4 unit I already own. 

Is it possible to find a deal under market value even if you don't have the down payment and still be able to get a loan? 

Say you are trying to purchase a property for 400k and it appraises at 500k. Is there a bank out there that will let you use the equity as part of the down payment on the property? 

How much do you need to get started? What would you suggest for tips. 

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