Less than 30% Down for a Commercial property is nearly impossible to find, unless you have other properties to cross-collateralize. Your best bet is likely going to be trying to figure out some sort of seller-financing, or bring on a partner to the deal that can supply the additional cash.
Lender · FL · Member since 2024 · 34 posts · 10 votes
2y
Finding a lender who offers less than 20% down for commercial properties, especially in areas like Gulf Shores, Alabama, can be challenging. Seller Financing: This can be a viable option if the seller is open to it. Seller financing allows you to negotiate terms directly with the seller, which might include a lower down payment.
Less than 30% Down for a Commercial property is nearly impossible to find, unless you have other properties to cross-collateralize. Your best bet is likely going to be trying to figure out some sort of seller-financing, or bring on a partner to the deal that can supply the additional cash.
Less than 30% Down for a Commercial property is nearly impossible to find, unless you have other properties to cross-collateralize. Your best bet is likely going to be trying to figure out some sort of seller-financing, or bring on a partner to the deal that can supply the additional cash.
I only know of one place that does this and I'm unsure if they do Trailer Parks. I will call them this afternoon and shoot you a message!