Key Takeaways:
- Seller financing, joint ventures, crowdfunding, and lease-to-own arrangements are alternative financing strategies that can be used to purchase commercial real estate without relying solely on traditional bank loans.
- These strategies can help circumvent strict bank qualification requirements like credit scores, cash reserves, and experience.
- Factors like current finances, experience level, the seller's situation/motivation, and flexibility needs should be considered when choosing a financing strategy.
- Being creative and persistent can open doors to capital beyond just banks to start building a commercial property portfolio.
The Commercial Real Estate Investor Podcast