what's the best way to finance a NNN property? creative ideas please?

I have enough cash for 10% down - any ideas on helping achieve my dream?
In Buying Property - Asked by Andrew M. - Dec 9, 2010
Report Abuse
Answer this Question


Mike Q.
Tooele, UT

Research new SBA, local programs for your area with City, County, or State programs. If all else fails, help the Owners to understand the advantages of Seller carrybacks. Short terms of course! 5 yr calls work great in our area.

Dec 10, 2010
Report Abuse
Peter C.
Grand Rapids, MI

Andrew, normally bank financing for good credit NNN deals require 25 to 30% down. Lenders are not allowing seller notes in most cases to bridge the additional equity requirement, so it is hard to make 10% work. Let me know the following info and I may be able to help you with some ideas.
1. Amount of cash you want to invest
2. Type of tenant you want
3. Regional area you want to invest in (state)
Peter Colvin, National Director of Single Tenant Investments-Sperry Van Ness

Dec 10, 2010
Report Abuse
Glen W.
Lender/Mortgage Broker
Atlanta, GA

An alternative to bank financing if you need to finance a deal quickly is hard money. Many borrowers use hard money to quickly acquire a property and then put longer term financing on the property

Dec 12, 2010
Report Abuse
Thomas R.
Bonita Springs, FL

Have a long term Triple A tenant!

Dec 16, 2010
Report Abuse
Jeff R.
Lender/Mortgage Broker
Birmingham, MI

I would say its more like 35 -40%. Non of our lenders will currently do 30%. SBA financing is definatly not an option as that is for owner user financing only. Has to be conventional type financing.

Dec 24, 2010
Report Abuse
Drew R.
Austin, TX

Consider co-ownership equity investment. There are several NNN properties and even large portfolios of NNN properties where you can invest for as little as $25,000 in equity. The debt is already in-place and is non-recourse
Please contact me for more information. In general, investments on the Realized 1031 Marketplace may offer:
CLASS "A" PROPERTIES: Equity ownership in one or more multi-million dollar properties.
LOW MINIMUM INVESTMENT: Investments start at $25,000.
RECURRING INCOME: Long-term, recurring cash flow, paid monthly or quarterly.
NO LANDLORD DUTIES: Passive investment with professional management.
TAX-ADVANTAGED CASH FLOW: Year 1 preferred returns of 5.5% to 6.5% with partial or full income tax shelter possible.
DIVERSIFICATION: Low minimum investments make it easy to invest in multiple offerings allowing for individualized portfolios. Available offerings are diversified by property type, geography and operator.
CERTAINTY OF CLOSE: Prepackaged investments provide the ability to complete an exchange or purchase in days, not months.
1031 EXCHANGE-ELIGIBLE: Investment structures are compliant with IRS rules for individual 1031 exchanges both into and out the offerings. This is not possible with most other real estate investment structures including REIT's, LLC's, corporations or partnerships.
Thank you,
Drew Reynolds

Oct 4, 2016
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