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Can I get a commercial loan without 25% down?
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Can I get a commercial loan without 25% down?
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Subject Expert
Yes, I’m somewhat familiar with DSCR loans. But unclear how you will make income from them.
You would still need cash for down payment, closing costs, improvements, and other aspects of the buying process. You often also have to have a track record of operating similar properties, and/or the existing property needs to have a lengthy history of cashflowing.