Sep 29, 2023
Hi Beau, I’m buying a mixed use property with a coffee shop and two residential apartments. Do you use the rental income from the apartments in the DSCR calculation? I plan on adding in some food menu items to the coffee shop and increasing revenue significantly but wanted to see if I could also include the apartments...
Sep 28, 2023
I want to purchase an existing Bed & Breakfast in Norfolk, Virginia. I have the tax returns and the current owner is writing off nearly everything and they’re running a lot of personal expenses through the tax returns.
My question to you is: I am buying it for the value of the real estate alone. There is...
Sep 27, 2023
Hey Beau, I’m looking at buying an RV park. I’m interested in SBA financing. The park currently has 30 pads and about another 5 acres that can be developed to add at least another 30 pads.
Could I find financing for the acquisition of the property AND for the addition of the extra 30 pads?
Thank you! Steve
Sep 25, 2023
In this video, Beau answered a question from Kathy about whether DSCR loans are interest-only or amortized loans.
It depends on the borrower's choice and credit score. They offer both interest-only and amortized loan options for SBA financing, including the 7a and SBA 504 loans.
If you'd like to meet with Beau to talk...