|
Registered
Join Date: Jun 2007
Location: Lake Oswego, OR
Posts: 6,291
|
Hey JYL,
I get what you are trying to do. I have several customers who did exactly this.
Here is something to contemplate. In the past (no idea about today) you could get a SBA loan for shockingly little down. Memory says 10%?? The building needed to be for your business. BUT, a significant part of the building could be rented to others.
Summary: It is the lowest downpayment method percentage wise to get into a building.
Side note: The SBA sucks and it is full of red tape.
Just a point of interest. Good luck!
|