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Updated over 8 years ago,
Commercial Loan Options in San Bernardino County
Hello BP Family
I have a client interested in purchasing a 5 unit apartment building in Redlands, CA in San Bernardino County. They are thinking of living there for a year or two before buying their own house. I haven't dealt much with commercial loans before and was wondering if is possible to get a commercial loan with less than 25% down. The two lenders my buyer has talked to have required 25% down. They have good credit. Any recommendations for lenders would be greatly appreciated. We are considering owner financing as well if that is a possibility.