Real Estate Investing Forums

Real Estate Investing => General Real Estate Investing => Topic started by: JaySloan on August 22, 2008, 03:02:38 pm

Title: Commercial Down payment assistance? 100% commercial financing?
Post by: JaySloan on August 22, 2008, 03:02:38 pm
I am an investment real estate broker and have received a growing number of people looking to use down payment assistance in the purchase of investment real estate.  I have never done a deal where down payment assistance was used.  Has anyone used commercial down payment assistance in any of their acquisitions?  I have tried doing some research on this and there isn't much information available.  I dont know how this benefits the seller in any way.
Title: Re: Commercial Down payment assistance? 100% commercial financing?
Post by: jnation on August 25, 2008, 10:21:21 pm
Go to www.fedfund.us
Title: Re: Commercial Down payment assistance? 100% commercial financing?
Post by: COMMERCIALGUY on September 09, 2008, 04:38:16 pm
I am in Florida and have seen this mainly for apartment buildings,  but, I have never seen 100% financing.
Title: Re: Commercial Down payment assistance? 100% commercial financing?
Post by: Sean_L on September 09, 2008, 10:25:02 pm
It's all smoke and mirrors...
Title: Re: Commercial Down payment assistance? 100% commercial financing?
Post by: JeremyCyrierCCIM on November 02, 2012, 09:54:37 am
I'd be very wary of those buyers that are asking you, the commercial real estate broker, for down payment assistance.

Why do they need it? 

And if it's such a good deal, they should have investors climbing over each other to get a piece for themselves.

Great deals are like cracks in the foundation.  Money, like water, will find its way in.
Title: Re: Commercial Down payment assistance? 100% commercial financing?
Post by: jenn_simmons on January 13, 2013, 11:20:52 am
I haven't really heard of a 100% funding especially on commercial properties. If one does offer, then what's the catch? Be very cautious. Learn everything first.
Title: Re: Commercial Down payment assistance? 100% commercial financing?
Post by: rrwolfpack on January 14, 2013, 08:54:15 am
I agree with the others in the forum. 100% financing sounds like there is a catch and I would read the fine print and find out everything you can before proceeding.

Typical deals require 25-30% down right?