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Updated over 1 year ago,
Can you fund your own syndication with SBA loan?
Hello BP Family,
I am looking to purchase a warehouse North of Houston, TX. The purchase price is 1.6M and seller if offering 5% IR at 25% LTV and 30 year amortization. The property looks good and sits at 8 cap at the moment. I have some funds committed from investors but I am wondering if I can get a SBA loan to put in capital into my own deal? Has anyone done this? Thank you!