I am interested in buying an apartment complex. how do I come up with the downpayment besides asking family.

basicly what are ways to come up with a downpayment if you do not have it. Besides asking someone, I don't know anyone with money. would a seller 2nd work on a apartment building?
In Buying Property - Asked by David R. - Nov 27, 2008
Report Abuse
Answer this Question


Mark H.
West Palm Beach, FL

Pick up a copy of David Lindahl's Multi-Family MILLIONS. Great resource book.

Nov 27, 2008
Report Abuse
Joe V.
Plymouth, MI

You don't need a downpayment. There are places to get 100% financing with great rates and very low fees. Try www.commercialfinanceconsultants.com
Joe Villeneuve

Nov 29, 2008
Report Abuse
David R.
La Puente, CA

reply to Joe V:
http://www.commercialfinanceconsultants.com/ says 10% liquid funds into the deal
isn't that pretty much the same thing?

Nov 29, 2008
Report Abuse

Welcome to Answers

LoopNet Answers is where the commercial real estate community shares what they know to help each other out. And it's all for free.

Ask a question to get advice from brokers, investors, professionals and local experts.

Answer questions to raise your visibility as a trusted advisor and build new relationships.

Ask a Question

Post Question