Financing Construction Projects with SBA Financing
Financing Construction Projects with SBA Financing
On this episode of the Investor Financing Podcast, Beau talked about SBA construction loans.
Timestamps
[00:10] Identifying a lot that you want to purchase
[00:16] The steps to get SBA financing
[00:20] Be shovel ready with the project to close the SBA loan
[00:31] The requirements to finance construction projects with SBA financing
[00:42] You cannot close with the land first with SBA
[00:56] Longer purchase agreement which should be contingent upon plans being approved
[01:06] Looking at the total equity to date that you spent
[01:28] You need plans approved in the beginning
[01:38] Book a call at http://bookwithbeau.com/ if you have any questions on SBA construction financing
[01:44] Financing lease replacement construction
[02:08] How many percent of space do you need to occupy on new construction
[02:17] How many percent of space do you need to occupy if you are moving into an existing space
[02:32] Looking at your business and the global cash flow
Are you a real estate investor or business owner looking to expand? Book a discovery call with Beau to learn all the ways he can help you - https://investorfinancingpodcast.com/rumble
💥 Thanks for watching 💥
#MultifamilyInvesting #PropertyManagement
_________________________________________________________________________________________________ About Beau: Beau Eckstein is a real estate entrepreneur, TV personality, and commercial mortgage advisor, specializing in construction financing and multi-family lending.
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🎥 The video interviews we do on IFP will help you scale your real estate business and learn how to finance your all your projects.
About the Channel: Want to structure your investments in the right and secure way?
Learn great insights and make the right decisions through the Investor Financing Podcast hosted by Beau Eckstein.
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