Posted by Bill Bott on May 06, 2008 at 09:27:59:
In Reply to: Ideas for zero down multi-million apartment props posted by Don LeLievre on May 03, 2008 at 12:52:23:
Dan,
We are in the same boat as you, residential experience with almost zero commercial but a possible good deal in front of us. Have not found much but 80% LTV loans although the rates are not bad. Omly solution I have found to this point is getting 100% seller financing and cashing sellers out 12 months or so down the road, or getting the seller to hold a second. Could you email me if you learn of any possible solutions and I will do the same for you.