Feb 28, 2023
Using the SBA 7a Loan Program to Finance a Boutique Motel Acquisition
I am looking to purchase a boutique motel which needs a major renovation. The occupancy is low and the older couple who own the place don’t keep good records. Is this something that SBA might still look at with low in-place cash...
Feb 27, 2023
Investment Property Line of Credit for California Properties -- How to Get an ILOC on a fourplex in California
Hello Beau! I have a free and clear 4plex near the beach in Encinitas, California (near San Diego). I am looking to put a line of credit on it so I have funds available for investments. I can’t go the...
Feb 27, 2023
SBA 7a Fixed-Rate Financing Option Can I get a fixed rate on the SBA 7a program?
It seems more advantageous than the 504 for what I am looking to acquire which has real estate included in the sale of the business. I want to maximize leverage based on some of your previous podcast shows. The business is a landscape...
Feb 23, 2023
Structuring Financing with Hard Money and Seller Carry
I found a really good deal on a home that has fire damage. (not that bad just the kitchen). The seller said she would possibly carry a portion. How would you structure this? I do have the money for the rehab which I’m at $80k for kitchen and...
Feb 22, 2023
Bridge Loans for Small Multifamily Acquisition
I am under contract to buy a 4plex. Units are all rented and the rents are well under market rents. My plan is to rehab the exterior and interior units and furnish them. I will rent as short term and mid-term rentals. What’s the best way to get the highest leverage? I own...