Trying to decide what type of loan is best for your business can be confusing. With all the rules, guidelines, and regulations, it’s easy to get overwhelmed. But with the right information, you can confidently choose the best loan program for your specific business needs. An SBA 504 loan is commercial real estate financing for …
In this episode we cover the basics on getting small multifamily loans under 1 million loan amounts funded. Trying to find funding for smaller apartment loan purchases can be extremely difficult because many banks don’t like to make loans under a million. We have seen an influx of requests so we decided to address the …
In this episode we talk about financing ADU (accessory dwelling units) in California. This is a hot emerging trend happening throughout California. While California already made huge strides in 2017 with favorable Accessory Dwelling Unit (ADU) legislation, a new series of state bills, further lower barriers to creating ADUs, aka Granny Flats. Summary of New …
How the SBA 504 Loan Program Works SBAEXCHANGE.COM will coordinate and structure the financing package between the parties. The 504 loan consists of a conventional first mortgage, typically for 50 percent of the project cost, from a third-party lender. The SBA -backed portion of the 504 loan will be a second mortgage, financing up to …
Freddie Mac offers Small Balance Loans that are designed specifically for smaller multifamily properties. They set the interest rates, which are highly competitive. As with most other real estate assets, the debt is secured by the property. Therefore, no personal guarantees are required. You can typically borrow up to 80 percent of the property’s value. …
In this episode Beau reflects on helping newbie investors along with experienced developers. He also talks about upcoming episodes and would like to interview some up and coming investors and investor friendly real estate agents.
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