Not in California. All the multi-family sales I have been involved with require a significant down payment. On "B" and "C" class properties the lenders are requiring 30% - 40% down, and are still reluctant to lend.
It all depends on the market you are in, the price versus value of the property. Be ready to pay higher rate using private funding. Most conventional outlets wants your "skin" in the game and will not entertain a 100% financing regardless of the value versus price.....
HelloI just bought a commercia property with 100% financing but it was seller financed. SBA has a lower down payment program but I believe you have to occupy 50% or more of the property with your own business. Check it out.
I've heard about swiss and french banks looking into 100% financing commercial buildings as long as the cap rate is high enough, the area and the type of property. I don't have any specific info though, sorry.
With a seller assist yes. I have some companies you should look into. I know of a loan program that may work for you, but it takes 90 - 180 days to get funded. It's %100 percent though. I have attached a commercial company that says they can do 100%. For the other loan program just email.
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