SnyCorp
New Contributor
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
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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