is there a minimum down payment for commercial lots?
You had better plan on at least 30% on raw vacant land. If you have a development plan with improvements as part of the loan request, you can usually get more loan value. Most lenders are not just "land banks" and you will find it hard to get a loan without an "exit strategy". You can call me @602-300-4861 to...

Do I have to form an LLC if I want to purchase a multi-unit complex for rental property?
No you do not have to take title in an LLC. However, the majority of investors do form an LLC that gives you better insulation for any liability issues that might occur in owning the property. The cost of setting up an LLC is very inexpensive. I am a commercial mortgage lender and have arranged over $1B in...