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Updated over 1 year ago on . Most recent reply

User Stats

12
Posts
3
Votes
Jackie Nguyen
3
Votes |
12
Posts

Commercial real estate

Jackie Nguyen
Posted

Hello everyone,

I’m currently looking at a commercial building that is for sale. My goal is to buy and turn it into a restaurant. I’m partnering with my parents.  My question is how do I approach this with getting a loan? Do i seek a small business loan or do i seek a commercial real estate loan to buy the property? We have the funds to renovate and start the business. Just needs to buy the property. I apologize if this is a dumb question. I appreciate all/any advice that is given!

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