Ideas For Creative Money Down Deal

I need suggestions or ideas to put together

"No Money Down" deals on commercial properties.



I am currently looking at purchasing three commercial properties, all of which are cash flowing on a regular basis. The three properties are:

1) 15 unit apartment complex 96.% occupancy

8.27 cap rate, price $825,000 and owner will take

some paper.

2) OceanFront Hotel 62 rooms 50% occupancy

9.65 cap rate, price $3,500,000

3) 16 houses on a lake price ($2,595,000), all homes

are currently rented with a monthly income of

$12,500 owner will carry note with $500,000 down



After looking at the numbers and the financial

information on all three properties I believe that all

are good solid investments with room to increase

the revenue on all three. I would like some ideas

and/or suggestions on putting together a "No Money

Down" deal on all three. One property is out-of-state

so there would be some traveling involved.



Thanks in advance for all of your input and suggestions.



[ Edited by walterwright on Date 09/17/2006 ]

Comments(1)

  • Kimtd28th October, 2006

    all are owned by 1 owner?

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