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10 reasons to approach friends and family as an option for a No Money Down Commercial Property purchase

Here are 10 examples of ways, methods, or reasons to approach friends and family as an option for a no money down commercial property purchase:

  1. Partnership: Approach friends or family members who are interested in investing in real estate to form a partnership to purchase the property. Each partner can contribute their skills, experience, and/or capital to the venture.
  2. Joint Venture: Approach friends or family members who have access to funds to invest in the property as a joint venture. The investors would share the profits and losses of the property.
  3. Equity Participation: Approach friends or family members who are interested in real estate investment but do not have the funds to invest. They can provide services (such as property management) in exchange for a percentage of ownership in the property.
  4. Private Lender: Approach friends or family members who are willing to lend you money to purchase the property. You can create a loan agreement with them, outlining the terms of the loan, including interest rates and payment schedules.
  5. Co-signer: Approach friends or family members who are willing to co-sign on a loan with you. This can help you qualify for a loan or obtain better financing terms.
  6. Gift: Approach family members who are willing to gift you the down payment for the property. Be sure to consult with a tax professional to ensure compliance with IRS regulations.
  7. Investment Club: Approach friends or family members who are interested in real estate investment to form an investment club. Each member can contribute a set amount of funds each month or year to invest in properties.
  8. Rent-to-Own: Approach friends or family members who have a property that they are willing to sell on a rent-to-own basis. You can use the rental income to pay off the purchase price over time.
  9. Lease Option: Approach friends or family members who have a property that they are willing to lease with an option to buy. You can use the option fee and rent payments towards the purchase price of the property.
  10. Sweat Equity: Approach friends or family members who are willing to contribute their time, skills, and labor to improve the property in exchange for a percentage of ownership. This can be a great way to obtain a property with no money down if you have the skills and time to invest in the property.
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