how can I buy a comercial property with little dowpainment,is it posible

In Buying Property - Asked by tomy c. - Dec 30, 2009
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Answer(s)

joe l.
Owner/Investor
Cedar Grove, NJ

You cannot- The people that sell you the system, seminars, tapes, paper etc are full of it. The banks will stop you cold. Sorry to disappoint you. Happy New Year!

Dec 31, 2009
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jon l.
Owner/Investor
Columbia, MO

you can if you have willing flexible seller and creative financing to gt your foot in the door

Dec 31, 2009
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M M.
Owner/Investor
Newark, NJ

Joint venturing with others who can provide the downpayment is a possible way to do this. You'll split the profits with the joint venture partner(s).

Dec 31, 2009
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fabien t.
Owner/Investor
Westlake Village, CA

The 1st answer is the right one. The more you leverage, the less profitable the deal ultimately is gonna be. Some people I know that did it anyways realized that they won't break even.
You need money for a down payment, the more the better!

Dec 31, 2009
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Eric H.
Owner/Investor
New York, NY

Deals are what you make of them. Its your deal or a deal you may or may not want. Find a motivated seller. Anything is possible. Know what benefits you are bringing to the table. You must be persistent, work at it and never give up. Make specific, measurable goals with timelines and evaluate what you did right and what you do wrong. Use common sense and ally with people who move you toward your goals. Read commercial real estate books over and over, this is learning from those with a lot of experience and it is a treasure.
Eric Hiltner
akaphrates@hotmail.com

Jan 1, 2010
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Patrick s.
Owner/Investor
West Sacramento, CA

The chances are slim but in a distressed sale you may be able to assume existing financing and have the original owner carry part of all the balance (depending how desperate they are). It is tough though as your CAP rate may be non existent but you are "in the door" for future benefits. Lots of risk but lots of writeoffs (expenses)...

Jan 1, 2010
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shamasundar i.
Owner/Investor
Rockford, IL

It is usually next to impossible unless you badly want a specific property,atleast you must come up with the land value of the property.

Jan 1, 2010
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Anita O.
Owner/Investor
Manhattan Beach, CA

I have read a book that has given me valuable information. I have no affiliation with this author or this book, but I recommend it highly. It is called "Financing Secrets of a Millionaire Real Estate Investor" by William Bronchick. You won't be disapppointed.

Jan 2, 2010
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m m.
hurghada, AA

pleas go to hegaz-misr.com to get som info

Jan 5, 2010
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