I need to find out how to do a true no money down deal?

Jul 22, 2009 in Commercial Mortgage FAQ

I found a great deal on a piece of commercial property but I don’t have the money to pay the downpayment and the seller doesn’t want to carry a second mortgage; does anyone know how to do a true money down deal without a owner second?

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One comment

frankie b on July 22, 2009 at 6:16 am

On residential yes, commercial no. They will require at least 5% down, and that would be a deal.

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