All Forum Posts by: Jian Yang

I want to get a co-star account, looking to see if some people who want to split the cost with me 

I have a commercial deal I am working on. The seller is giving me low monthly payment and for long terms also. The issue I am having is he wants too much money as down payment. His concern is about getting the property back if I default so he wants a lot of money down (50% down) which kills the deal. I want to make this deal happen more then the seller dose and I dont know how to make him feel more comfortable with less money down.   

I am doing deals in SJ.

I am a commercial real estate investor, I currently own and invests strip centers and self storage. I like looking for more deals and like to do a mailing for both types of property. Have anyone done this before and how was the response and where is a good place for me to get a list like that?  Looking for a list company that can give me detail information on the property so I can target the list. (10,000 to 30,000 square feet property for example)

Thanks for any help!!

I am new to commercial real estate, and looking for ways to do deals with no money down. But everyone I talk to is telling me those days are over. Banks dont do no money down deals. So let me explain what I have here. 

I found a property for sale for 1 million dollars. seller is willing to lend me 25% of the money as a 2nd. I know that banks probably will not do the deal if the contract writes that I am getting the seller to give me a 2nd for the down payment so I have not money in the deal. So what if I close the deal with my own money (25% down), Bank lends me the 75% and the loan closes, and as soon as the deal is close we have on a separate contract that the seller will lend me the other 25%, I would have all my money back. This is deal doable?   Thanks in advance :)