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Updated over 3 years ago on . Most recent reply

User Stats

56
Posts
38
Votes
Austin M Margarida
  • Flipper/Rehabber
  • Jacksonville, FL
38
Votes |
56
Posts

Questions on Building a Semi Truck Mechanic shop

Austin M Margarida
  • Flipper/Rehabber
  • Jacksonville, FL
Posted

A timber frame with a couple 14' doors with room to park on both sides. I do plan on building another office/warehouse/apartments on the same lot but a little further away.

When it comes to lending, what route would you recommend? #1 I assume would be owner financing on a good piece of a land? #2 bank construction loan? #3 SBA 504? I am going to start looking for land close to the highways (outside of St Louis and Kansas City) with no crazy turns or anything. My exit strategies would be being able to rent to another shop looking for another location, etc, or rent it out to other local mechanics who run a mobile business and maybe need a place for a special project or two, I do not intend on selling. 

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