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It's difficult to obtain 20% downpayment financing on a commercial loan. 30% is the usual limit lenders would allow. 40% is more typical. But real estate is
by ww520 16y ago
It's difficult to obtain 20% downpayment financing on a commercial loan. 30% is the usual limit lenders would allow. 40% is more typical.
But real estate is a very good way in general for ordinary people to become financially independent or even rich.
- rphlx 16y agoMaybe it was historically. But "Past events do not guarantee future results". Athough, people never really seem to believe that.