All Forum Posts by: Maxy Million

Any national bank doing commercial RE mortgage with less than 20% down beside SBA 504?

Or any other lender?

Or any creative way to achieve acquisition which is about 2M with less than 20% down beside bringing a partnerPe?

If you know enough about commercial real estate, can analyze financials, leases, contract nitty-gritty etc you are golden. You don't need an agent per se. Though if you are not confident in what you are doing, yes, go get a help. 

I’m new just like you and similar objective - to build a 10-20K sqft office building. This is what I have gathered so far in my research. Construction cost vary widely cause it is heavily depends on labor which is about 70-80% of the cost. So depends on your market, rural/south below average. Metro areas high.