0% Down On Commerical Blding
has anyone bought a commercial office blding with $0 out of pocket?
maybe the seller financed the downpayment or another partner put up the money.
& what about reserves and closing costs?
thanks.
As investment realtors we have found that we can easily secure 100 LTV non recourse loans for our clients (conduit, prime or libor) if: the investment is a triple net leased property with a single corporate tenant whose S&P or Moody rating is investment grade (BBB) or better.
[addsig]
You routinely do 100% financing on commercial deals?? Are they single tenant? What other parameters are there?