Skip to content
×
Pro Members Get Full Access
Succeed in real estate investing with proven toolkits that have helped thousands of aspiring and existing investors achieve financial freedom.
$0 TODAY
$32.50/month, billed annually after your 7-day trial.
Cancel anytime
Find the right properties and ace your analysis
Market Finder with key investor metrics for all US markets, plus a list of recommended markets.
Deal Finder with investor-focused filters and notifications for new properties
Unlimited access to 9+ rental analysis calculators and rent estimator tools
Off-market deal finding software from Invelo ($638 value)
Supercharge your network
Pro profile badge
Pro exclusive community forums and threads
Build your landlord command center
All-in-one property management software from RentRedi ($240 value)
Portfolio monitoring and accounting from Stessa
Lawyer-approved lease agreement packages for all 50-states ($4,950 value) *annual subscribers only
Shortcut the learning curve
Live Q&A sessions with experts
Webinar replay archive
50% off investing courses ($290 value)
Already a Pro Member? Sign in here
Private Lending & Conventional Mortgage Advice
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

User Stats

11
Posts
4
Votes
Diandre Pierce
4
Votes |
11
Posts

User Stats

13
Posts
1
Votes
Dylan Martin
  • Banker
1
Votes |
13
Posts
Dylan Martin
  • Banker
Replied Aug 8 2024, 08:05

Hey Diandre, 

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. 

User Stats

34
Posts
10
Votes
Stacy Patel
  • Lender
  • Florida
10
Votes |
34
Posts
Stacy Patel
  • Lender
  • Florida
Replied Aug 8 2024, 09:25

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.

BiggerPockets logo
BiggerPockets
|
Sponsored
Find an investor-friendly agent in your market TODAY Get matched with our network of trusted, local, investor friendly agents in under 2 minutes

User Stats

11
Posts
4
Votes
Diandre Pierce
4
Votes |
11
Posts
Diandre Pierce
Replied Aug 8 2024, 20:51
how can I utilize my 6 houses and cross collateralize ?



Quote from @Dylan Martin:

Hey Diandre, 

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. 


User Stats

13
Posts
1
Votes
Dylan Martin
  • Banker
1
Votes |
13
Posts
Dylan Martin
  • Banker
Replied Aug 9 2024, 09:34
Quote from @Diandre Pierce:
how can I utilize my 6 houses and cross collateralize ?



Quote from @Dylan Martin:

Hey Diandre, 

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!