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SBA 504 and 7(a) Ground--Up Construction Loans--Which is Better?
SBA 504 and 7(a) Ground- Up Construction Loans-- Which is Better?
Hi Beau, I am working on finalizing plans and permits to build a light industrial warehouse which my business will occupy. Total project cost will be $3.6mm. I own an ecommerce business and need more space for inventory.
Thanks in advance!
Rochelle
Timestamps
[00:24] SBA 504 and SBA 7a can both do construction
[00:30] The SBA 7a gives you more flexibility
[01:33] The SBA 504 is more for a long-term type of deal because of longer prepayment penalty
[02:20] Using 504 green program as an amazing financing tool
[02:29] Book a call at http://bookwithbeau.com/ to figure out the best option
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
💥 Thanks for watching 💥
#SBA504 #SBA #SBA7a #constructionloans
_________________________________________________________________________________________________ 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.
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