There are not any programs which would allow you to purchase a commercial property with no money down.. at the absolute minimum, you would need 30% down, but being that RV parks are not a desirable or stable property type, you would most likely be required to put 40% to 50% down.. .. I'm a Broker here in Scottsdale AZ and I only lend in Arizona. If you or someone you know is looking for financing options, feel free to contact me or pass along my information. William J. Acres, Lender411's number ONE lender in Arizona. 480-287-5714 WilliamAcres.com
That property would be a commercial loan. If you mean 0 downpayment, I doubt you will find that from any outside lending source for a commercial loan. You could ask the seller if they would consider -seller financing, or possibly a short term (maybe 1-2 years) land contract (also sometimes called "contract for deed") - check with an experienced local real estate attorney about options under state law, with a plan to refinance it relatively soon. Make sure you find a lender who would allow refinancing that type financing and what their requirements woudl be, prior to setting it up.
Commercial loans are entirely different from residential mortgages, I kind of doubt any bank would agree to 20% downpayment as a 2nd mortgage from the seller but it isn't my area of expertise - good luck!
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