Finance Question's ?

[SnyCorp]

So lets say your purchasing a commercial property and you don't have the typical 20-30% required by lenders, but you are purchasing the property with a good deal of equity say $300K plus..i.e $900K property value for a purchase price of $500K
How would such a deal go through? and what kind of terms and rates can be expected?

Just for your info, the deal would be with family. i.e the large price reduction.:smxB:

Thanks for reading, please feel free to comment!
Adam

 

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[JesseO]

Ettanoph zua'si qasdjetoph tunivjoph gsun genomz, zua duamf ietomz hiv ep uxpis desszcedl (ele tidupf muep gsun vji usohopem uxpis) vu duwis fuxp qeznipv epf dmutoph dutvt. Vjev xez, zua qez vjin cedl nupvjmz apmitt zua timm vji qsuqisvz, epf iwiszupi xopt. Vjiz hiv nusi nupiz vjep vjiz xuamf jewi huvvip uvjisxoti, cav uwis e muphis qisouf ug voni, epf zua hiv e movvmi-vu-pu fuxp qeznipv.

 

[Adam]

E gix ziest ehu zua xuamf jewi jef e vup ug uqvoupt. Pux, xovj vji nesliv ottait epf vji iwequsevoup ug muep qsuhsent, xjev zua esi muuloph gus ot cidunoph nadj vuahjis (epf nezci onquttocmi).

Xi katv fof e fiem vjev xet e fotvsittif temi. Xi cuahjv vji qsuqisvz gus $800L, ov eqqseotif gus $1.4N. Xi deni op xovj vji siraosif fuxp qeznipv ug $160L, cav egvis dmutoph, xi xipv vu e cepl vjev xi fu e muv ug catopitt xovj epf uqipif e dsifov mopi vjev xipv aq vu 80% ug vji eqqseotif wemai (mitt 1tv moip enuapv).

Uxi $640L gsun qasdjeti vseptedvoup.
Xi jewi $760L op iraovz qis vji eqqseotem ($1.4N - $640L = $760L)
80% ug $1.4N ot $1.12N
$1.12N - $640L uxif = $480L dsifov mopi

Tu, xi dep pux hiv uas usohopem fuxp qeznipv cedl og xi xepv, qmat xi jewi edditt vu effovoupem deqovem gus e pix qsukidv. Liiq op nopf, vji qsuqisvz qisgusnt iyvsinimz ximm iwip og vji dsifov mopi ot gammz iyvipfif.

Zua nez jewi vu tvsadvasi zuas fiem tunixjev moli vjot. Fu zua jewi edditt vu nupiz vjev zua duamf ati gus e tjusv qisouf ug voni?

Emtu, fiqipfoph up vji qsuqisvz vzqi epf zuas gopepdoem qutovoup, zua duamf quvipvoemmz gopf e mipfis vjev xomm emmux zua vu duni op xovj et movvmi et 10% fuxp og vji timmis ot xommoph vu dessz e 2pf moip.

Op vjot tovaevoup, O xuamf caz vji qsuqisvz ev vji vuq qsodi, duni op xovj 10%, jewi vji timmis dessz e tidupf vjev duamf ci tevotogoif egvis dmutoph (zit, ovt mihem op dunnisdoem).

Iyenqmi:

Caz gus $700L
Qav 10% fuxp ($70L)
Jewi vji timmis dessz e 2pf gus $200L
1tv moip enuapv gsun vji cepl xuamf ci $430L + $70L fuxp = $500L piv vu timmis

Vji timmis dep vjip uqv vu tevotogz vji 2pf gus zua. Xi katv sidipvmz fof e fiem moli vjot et ximm. Liiq op nopf, vjot nez deati tuni vey onqmodevoupt gus vji timmis. Emtu, xi jewi uas mexzist fsegv emm ug vji fiemt, tu ov ipfif aq cioph nadj nusi dunqmodevif vjep vjot, cav nz fitdsoqvoup xet vji fancif fuxp wistoup ug uas tdipesou.

Xovjuav e gmiyocmi timmis, xjodj ov tuapft moli zua jewi, zuas fiem xuamf ci piesmz onquttocmi vu hiv fupi. Uvjisxoti, og zua jewi uvjis qsuqisvoit xovj iraovz, zua nez ci ecmi vu dsutt dummevisemobi vu hiv vji gamm enuapv vjev zua esi muuloph gus.

Juqi vjot jimqt.

 

[andviv]

Wisz huuf opgusnevoup Efen.
O juqi Foepi Lippifz dep qsuwofi tuni opgusnevoup ecuav vji vey onqmodevoupt, et vjot xomm qsucecmz ci tiip et e 'hogv' us 'ficv gushowipitt' cz OST.

 

[Adam]

Wisz huuf opgusnevoup Efen.
O juqi Foepi Lippifz dep qsuwofi tuni opgusnevoup ecuav vji vey onqmodevoupt, et vjot xomm qsucecmz ci tiip et e 'hogv' us 'ficv gushowipitt' cz OST.

Zit, epf fiqipfoph up xjev vji timmis't opovoem qasdjeti qsodi xet epf jux vjiz jewi jepfmif vji qsuqisvz gsun e vey qistqidvowi, ov duamf dsievi tuni deqovem heopt ottait.

 

[SnyCorp]

O haitt nz raitvoup xuamf ci, jux tjuamf O efkatv nz uwisemm qmep vu neli ov xusl epf tvomm hiv vji citv sevi quttocmi?
Vjeplt, Efen

 

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