commercial property down payment

[joecarey82]

Arizona (only U.S. law)?

Can I use borrowed funds such as a business loan to pay the down payment for commercial properties?

 

[randolph76]

Arizona (only U.S. law)?

Can I use borrowed funds such as a business loan to pay the down payment for commercial properties?

Why would you think you couldn't?

 

[jhcorcoran]

As long as you can come up with the down payment, the lender is not going to care where it came from. Now when you submit your financial documentation, you want to be sure to disclose everything accurately, including any debts or liabilities. If this loan is an equity line from another property, the lender is going to want to know that you are earning enough rental income off of that other property.