Podcast: Download (Duration: 1:43 — 2.6MB)
Are you a business owner dreaming of owning your office space but unsure about financing options? In this comprehensive guide, we'll explore the intriguing realm of 100 percent commercial real estate financing through SBA 7a loans. Learn how rent replacement deals can be the key to unlocking your business's property ownership dreams.
The Quest for 100 Percent SBA Financing
The journey begins with Beau, the owner of a financial planning advisory firm, expressing a desire to buy a building with 100 percent SBA financing. Imran, seeking clarity, raises questions about the feasibility of such a venture. The response is affirmative, and the strategy in focus is what Beau terms “rent replacement deals.”
Unpacking Rent Replacement Deals and SBA 7A Loans
Beau delves into the concept of rent replacement deals, emphasizing the pivotal role of SBA 7A loans. These loans are designed to cover up to 100 percent of the total project costs for acquiring a building. The catch? The business owner must commit to occupying at least 51 percent of the purchased space. Furthermore, Beau stresses the importance of the business's cash flow, stating that meeting the required amount is crucial for qualifying for 100 percent financing.
Not All Lenders Are Equal
While the promise of 100 percent financing is tantalizing, Beau issues a reality check – not all lenders offer this option. However, he offers reassurance, mentioning collaborations with several Banks and non-meg lenders known for providing 100 percent replacement deals. This insight is crucial for business owners navigating the complex landscape of commercial real estate financing.
The Rarity of 100 Percent Financing
Beau passionately advocates for seizing this unique financing opportunity. He argues that the rarity of such programs in the market makes them highly attractive. For business owners aiming to own commercial real estate without a significant upfront investment, Beau considers 100 percent financing an option worth serious consideration.
Exploring the Versatility of SBA Financing
The video extends an invitation to business owners facing diverse scenarios. Whether you're a startup, acquiring an existing business, buying into a franchise, constructing a new office building, or expanding an existing business – SBA financing, including the 7A and 504 loans, is positioned as a versatile solution. Beau pledges to guide viewers through the intricacies of the SBA loan process.
Book a Call for Personalized Guidance
For those enticed by the possibilities of SBA financing, Beau encourages action. Viewers are invited to book a call to discuss their specific situations. Whether you're unsure where to start or have questions about different financing types, Beau offers to provide personalized guidance and walk you through the intricacies of the 7A and 504 loan processes.
Conclusion: Charting Your Course to Property Ownership
In conclusion, the video provides valuable insights into the world of 100 percent commercial real estate financing with SBA 7a loans. Beau's extensive experience in the lending industry adds weight to his recommendations. If you're a business owner with dreams of property ownership, exploring the opportunities offered by SBA financing could be the game-changer you've been seeking. Book a call today and embark on the journey toward securing your own commercial space. The keys to your dream property might be closer than you think.