Question on financing

[Mark Betche]

I recently talked to my bank about a loan on a commercial property I have made an offer on. My offer was 100k. They said they could put a 20k lien on my primary resident and give me 100% financing at 7.25% on the commercial property.

I'm also interested in buying an rental property.

My question is: What are my options for buying a second property after I have fully leveraged my primary residence? Is owner finance my best option? Or should I pick one and wait a while?