ELI5: Heard a lot about buying CRE for little to no down. How does it work ?
I am not sure but I keep hearing about the creative financing and all that stuff. I do a someone who's a commercial developer and buys multimillion dollar properties with little to no down. 
[{"id": "df0lql2", "text": "He just uses current liquid assets as collateral for the loan. Getting financing approval is pretty simple if you have a nice track record of success and a long withstanding relationship with a bank; especially in commercial if the property is already generating income to cover your nut and you're able to provide the bank with exact numbers. Everything's a numbers game. ", "replies": [], "depth": 1}, {"id": "df0lykj", "text": "You may also be able to purchase for none of your money down if you are leveraging subsidies, third party equity investment, can convince a bank that deferred developer fee is equity, or other \"creative\" strategies. Without a serious balance sheet, its not going to happen though.", "replies": [], "depth": 1}, {"id": "df25hf6", "text": "find a good deal, get an idea of your loan, raise equity from wealthy friends/colleague/network, etc.", "replies": [], "depth": 1}, {"id": "df772z1", "text": "Max LTC right now on senior debt is generally 65%. With people doing little down they are using a senior loan and mezzanine debt to get into the higher LTC (loan to cost). ", "replies": [], "depth": 1}, {"id": "dfuk5c3", "text": "Banks like skin in the game but if you have other liquid assets to post as collateral and a working relationship (i.e. Haven't missed payments and have deposits on account) then you can try raising money that way after your first DOT", "replies": [], "depth": 1}]