Is it possible to purchase commerical with no money down, based on the value of the property?

In Buying Property - Asked by betty b. - Feb 3, 2011
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Answer(s)

Davide P.
Broker/Agent
Pinole, CA

Anytime you want to purchase property, *especially* commercial property, you need to have money down (or as lenders call it, "skin in the game"). There's literally property out there that could make a profit with a 100% loan on it, but that doesn’t mean you are going to be able to ever find it. Depending on the buyer and property type/conditions, you are going to need 30%+ down payment.

Feb 4, 2011
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akali d.
Lender/Mortgage Broker
Sunny Isles Beach, FL

I know this question was asked a short time ago but I thought I should answer it anyways. 100% financing can be accomplished if you have a lender who allows mezzanine financing to 100%. For example, our private fund offer commercial bridge financing to 90% and will allow a mezzanine 2nd as long as it is from a 3rd party lender. I would be happy to forward our guidelines to you. Akali (954)496-5351 akali@royalcapitalgroup.com.

Apr 20, 2011
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