| Posted by: sandeja16 Dec 2 2004, 03:10 PM |
in regards to my prior listing...I should have asked this question first...is there a standart downpayment percentage when dealing with commercial property? Some realestate agents say 25% and some say 30% what is the norm?
Thanks |
| Posted by: loanuniverse Dec 2 2004, 07:46 PM |
There is no norm specially when talking about non-bank financing. Bank lenders do have a maximum loan-to-value that they are not very willing to break written into formal written credit policies.
Once you get into non-bank lenders, you can really find a wide variety of structures. Just remember that the higher the risk the lender takes, the more he is going to want to get paid in the form of interest rate and fees {ie: pricing}
Two things I like to tell my visitors:
1. Is all about cash flow.
2. You can not separate risk from reward.
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| Posted by: Commercial Lender Dec 3 2004, 03:37 PM |
| No! Every commercial deal is different. there are many variables. What is the purchase price? and approx NOI . |
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