Commercial Real Estate Investing
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated over 1 year ago,
SBA loan for Self Storge Development
I am looking for financing for a self storage development. I've spoken to a couple lenders, most of them say SBA is doable but one said I can't get a SBA for a development.
What options are there for a ground up development? I have enough equity in other assets to develop the property. My fiancé and I have good income/credit.
Someone mentioned refinancing my properties and buying CDs then getting a line of credit. I'm not sure if that's the best option for us considering the interest rates.