Traditional Mortgage on a Commercial/Industrial Property?
Looking to buy a contractor bay or small building to store/work on my personal cars and bikes. I will not be running a business out of the property I buy.

Do I have to get a commercial mortgage with a ~25% down payment, or can I find some sort of traditional mortgage and therefore have a small down payment?

26 years old, very little student loan debt, currently live rent free. Great credit.
[{"id": "fz4kkp5", "text": "You're not going to get a regular mortgage on a non-residential property.  Furthermore even if it were residential all the &lt;20% down programs generally are only for primary residence.", "replies": [], "depth": 1}, {"id": "fz4p1x7", "text": "Loans for commercial real estate do not have the same terms as traditional home mortgages.", "replies": [], "depth": 1}, {"id": "fz4xvj6", "text": "a mortgage for an empty space for storage, for personal use,\\`\\`\\`\\`\\`\\`\\`\\`\\`\\`\\`\\`\\`\\`\\`\\`\\`\\`\\`\\`\\`\\`\\`\\`\\`\\`\\`\\`\\`\\`\\`\\`\\`\\`\\`\\`\\`\\`\\`\\`\\` will probably be closer to 50-60%ltv unless you are able to go w/ a different credit facility of some sort.", "replies": [{"id": "fz5c1u7", "text": "This is correct.", "replies": [], "depth": 2}], "depth": 1}, {"id": "fza6od8", "text": "Talk to your bank about a sba loan. This can be acquired via a small business loan.", "replies": [{"id": "g02ehfe", "text": "This won\u2019t work, OP said he will not be operating a business out of it", "replies": [], "depth": 2}], "depth": 1}]