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Updated 4 months ago,

User Stats

2
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4
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Daniel Myers
4
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2
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How can I buy with no money down?

Daniel Myers
Posted

I have a property listed for 375, 000 

Has a business using 7,000 sf of the first floor it has 3 total floors with a total of 21,000 sf I may have the deal worked to buy the business which will pay the building 2000 a month in rent . I also am close to having the building for 300,000 with seller taking financing for 30% 90,000 for 5 years with no payments or interest. I’m looking to get financing for this commercial property for the remaining 210,000 with nothing down . I will be buying the business using a sba loan with 15% down and my plan is to build one apartment immediately upon owning the building. Is this possible to do with nothing down. Is there a lender/ lender type anyone recommendeds.

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