How To Buy With No Money Down?
I am looking at purchasing a commercial property , that is for sale for $1.2 million. The monthly payments on a 1.2 million 30 year loan at 7% is approx $7,983/mo. , but the profit on the center is $16,000 a month. I need 20% down to get the loan, would I be able to work a deal with the owner to raise the asking price and he kicks down the 20% ?? Or what would anyone recommend how to get the 20% down, without myself paying for it? Thank you for any help
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