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

Jun 17, 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?

Like this post? Subscribe to my RSS feed and get loads more!

2 comments

PersonalFreedom on June 17, 2009 at 5:47 pm

100% financing is NOT easy for commercial property.

If it is truly a great deal though it can be found.

You may need to get a bridge loan (higher interest) or hard money loan (even higher interest) for a year, then refinance.

Look for commercial lenders on the web & locally.
Quinton P on June 17, 2009 at 5:47 pm

I found a free report that actually works for no money down deals***There is a free report that teaches you how to acheive 100% financing – no money down and in some cases cash back at closing. No seller financing involved. Check it out at this link:http://www.financingfactory.net/freereport

New Financing Programs

Bond Financing Program
Click Here

Healthcare Facilities Financing
Click Here

Commercial Financing Programs

Here you can find our most current commercial financing programs

> $1 million to $10 million

> Acquisitions, Refis, Construction, Developments, etc.

Click Here

Discounted Pay-Off Loan Financing

Does your lender need to eliminate commercial loans, performing or non-performing, to free up equity or to avoid regulatory issues (and are willing to discount your payoff amount)?

Does the FDIC want your loan off the books, and are willing to accept a reduced payoff amount?

If your lender is interested in a reduced payoff to clear your loan package, we work with a number of sources eager to finance such projects that offer viable exit strategies. These sources participate directly in negotiations with your lender.

100% Construction Joint Venture Equity Financing

Our funding source provides 100% joint venture equity financing and cover 100% of the total project costs including hard and soft costs, land acquisition and project development. They allow the developer to recover most, if not all, of the monies already invested in the project, including monies spent during pre-development.

Click Here

Introducing The New SBA 504 Loan Lowest Rate In 30 Years!

> Low Down Payment (Only 10%!)

> Long Repayment Terms

> Lower Monthly Payments

> Frees Cash Flow To Expand Business

> Many Rate Options (Including Long-Term Fixed)

> Limited Refinancing Of Existing Debt

> First and Second Mortgages

> Guarantee Fees Temporarily Waived

> Fees Set By CDC

> Prescreens At No Charge

We're Funding These SBA 504s Nationwide

Does Your Business Qualify?

*Rates subject to change, not all qualify

Multi-Family Rates Drop!

> 5, 7 & 10 Year Fixed Rates Starting Mid 5% Range

> Loans $750,000 to $5 Million

> Up to 80% LTV

> 25-30 Year Amortization

> Minimum FICO 680

> Capped ARM Starts At 4.25% - Lifetime Cap 7.25%

> Purchase, Refinance, and Cash-Outs Available

We're Funding These Multi-Family Loans Nationwide

Does Your Business Qualify?

*Rates subject to change, not all qualify

Aspen Financial Group