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Updated over 5 years ago,
Can a preconstruction lease agreement be used on SBA loan eval?
I am thinking of building a mix use self-storage facility, can a lease agreement during pre-construction on the mix use part, be used for SBA loan application to get a higher valuation thus LTV covering the entire construction? For example a self-storage facility that has in addition a large warehouse building that is built with a tenant already lined up and agreement is signed that they will lease that warehouse for X when it is built?