Where can I get Asset based financing to purchase commercial property?
Jan 17, 2010
in
Commercial Mortgage FAQ
Looking to get an apartment building but I don’t have the money, credit or documentation, therefore I need something secured such as a asset based. I live in nyc and the property is there as well. No upfront fees. i can’t afford any fees that the property can’t cover.
I plan to hold the property as the asset
non recourse financing
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2 comments
godged on January 17, 2010 at 9:08 pm
If you don’t have any money, credit or documentation, you aren’t getting a loan.
Not even hard money lenders would be interested in this.
Michael C on January 17, 2010 at 9:08 pm
What assets do you have to lend against?
These should be liquid assets to get the lender interested.
Mike