NNN leased property

Is 100% commercial financing available for NNN leased properties?
In Buying Property - Asked by karan s. - Dec 17, 2008
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Answer(s)

Joe V.
Owner/Investor
Plymouth, MI

Yes. Usually from private sources. This can be Hard Money, but they are usually looking at less than 100% financing. There are many creative ways to finance any type of commerecial property now. The use of transfered collateral such as Bank Instruments is a very popular and successfull way of accomplishing this. Also, if you can have access to a high enough Line of Credit you may be able to use this to buy the property first, then refinance. Either way, your first and best choice will likely be the Bank Instrument financing option. Try www.commercialfinanceconsultants.com.

Dec 18, 2008
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Chris S.
Broker/Agent
Coeur D'alene, ID

Very limited and hard money is expecting low LTVs (like 60%) and high interest rates (10%+). I just checked into hard money for a client.

Jan 5, 2009
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