Can Preschools and Day Care Centers Be Funded with SBA 504 Loans?

Save
2 years ago
2
SBA loans sba 504 commercial real estate small business administration sba loans for startups sba sba loan process small business owner sba loan sba loan requirements sba loans explained

Can Preschools and Day Care Centers Be Funded with SBA 504 Loans?

Hey Beau, I have been a teacher for many years and would really love to own my own daycare. What would the best SBA financing options be? Most likely, we’d want to buy the real estate, as well.

Thanks,
Dottie

Timestamps
[00:20] A lot of SBA loans are made to preschools and day care centers
[00:34] SBA 504 with 10-year prepayment penalty versus the SBA 7a with 3-year prepayment penalty
[01:02] The SBA 504 cost of capital is a little bit cheaper but it does upfront costs
[01:11] “Every deal is unique”
[01:16] Figure out the deal itself and the borrower
[02:08] There are variables that need to be addressed
[02:26] Book a call at http://bookwithbeau.com/

If you'd like to ask me a question about real estate, do it here -- https://investorfinancingpodcast.com/ask

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

Then:
📺 Subscribe to this channel - https://investorfinancingpodcast.com/yt-subscribe
Then click on the 🔔 to get notified every time we upload a new video!

Did you know I had an email newsletter? I do! And you can join for free and get all my updates, including notifications when I publish a new video. Sound good? Click here - https://sendfox.com/investorfinancingpodcast

💥 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.
_________________________________________________________________________________________________

🎥 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.

Loading comments...