@Caleb Brown that’s why I’m asking not pulling the trigger on nothing right away just seeing what my options are thanks for the info

I am looking for commercial properties and since purchase prices can very significantly from property to property, affecting the down, I am curious to hear about how people pull the trigger on properties they have less than 20-25% down (minus hearing about raising additional capital).For Example:Looking for a commercial complex around 1 million with around a $200k downpayment. 

With The way  the non-advalorem taxes are collected the Seller of the relinquished property ended up with 189 credit and they were concerned with taking any cash as a result of a sale thinking it may trigger a tax event... so they opted to have that credit increase the amount of proceeds they received.

I’m looking into a few duplexes in the northeast and I might be pulling the trigger soon.

We are trying to line up a lender at the same time we are searching for our next deal so that hopefully we have a lender on board ready to pull the trigger once we rehab and stabilize the property.

Plus, if there is already financing on the property, many times there are provisions in the loan docs that state if there is a transfer of 50% or more of the company interests, it triggers a call on the loan.  

In PA, you trigger transfer tax each time you deed the property into an LLC - so if you have the same rules in your state, that could throw off all your numbers. 

I guess the faint smell of bleach also had a psychological affect that made the bathrooms seem cleaner.Anyhow, after I read that, I began to notice that best businesses all had clean bathrooms.My point with this is to make sure that there's a faint hint of bleach to trip that psychological trigger that tells prospective renters that your property is really clean.

The risk of buying the property in your name and then transferring to the LLC is that the lender may trigger the "due on sale" clause.

Also the OP has only his roommates word for the conversation.Can’t imagine that in an 8 year smoothly working relationship this would trigger a major issue