Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
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

Updated about 4 years ago,

User Stats

10
Posts
3
Votes
Benjamin Wakefield
Pro Member
  • Boise, ID
3
Votes |
10
Posts

Boise Suburb-Commercial Builing

Benjamin Wakefield
Pro Member
  • Boise, ID
Posted

Good Morning!!

I have an opportunity to have first dibs on a brand new commercial mixed use building - 7500-10000 SqFt in an amazing location, just outside of Boise

What I am really asking for is lending advice

If there was a way to do 15% down that would be ideal

I can save some money as I am in the Construciton industry and can do aspects like excavation and concrete myself, and I’ll be working directly with architect, engineering and subs

Is there any creative financing out there for building likes this?

Will I be required to put 25% down?

Will the bank use future building income for approval?

I have zero debt (other than a cash flowing triplex) and high credit score

Coming up with the full 25% down may be tight

Thanks!!!

  • Benjamin Wakefield