There are 90% LTV commercial loans, then you would only have to come up with 10%. You can get a partner to help with financing. Would the seller be willing to hold paper? Is the property under valued? Possibly take title w/exisiting financing and seller 2nd. Add value (raise rents) and refinance. [ Edited by commercialking on Date 03/10/2007 ]
You could possibly create a note against your other RE holdings to satisfy the 10-20% down, sell the note or seller hold the note.
Good Luck,
Robert
[addsig]
There are 90% LTV commercial loans, then you would only have to come up with 10%. You can get a partner to help with financing. Would the seller be willing to hold paper? Is the property under valued? Possibly take title w/exisiting financing and seller 2nd. Add value (raise rents) and refinance. [ Edited by commercialking on Date 03/10/2007 ]
You could possibly create a note against your other RE holdings to satisfy the 10-20% down, sell the note or seller hold the note.
Good Luck,
Robert
[addsig]