Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Commercial Real Estate Investing
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated almost 8 years ago on . Most recent reply

User Stats

19
Posts
2
Votes
Darwin Liu
  • Malden, MA
2
Votes |
19
Posts

Expert Commercial RE Advice, Will Trade Online Marketing Advice

Darwin Liu
  • Malden, MA
Posted

Hey Guys!

Just wanted to begin by saying thank you very much in advance and that any help is appreciated. Taking action is something I can do, I'm just trying to minimize my mistakes and to look for some guidance.

I know time is more important than money and I'm not one of those people who expects things for free. I run an online marketing company (mainly for ecommerce) but I've been doing online marketing for over 8 years. 

So here we go ->

-----------------------------------------------

My Goal: I'm trying to find the best way to start commercial investing in my current situation. Basically, I'm trying to find the best/easiest way in with the least money down and the ability to build a system for growth.

My situation: I run an online marketing company and our lease is expiring in a month.

My initial thoughts (these might be dumb because I don't even know if it's allowed or if it makes sense) -> 

1)Buy through my current company using an SBA Loan 504 loan. Create a new LLC in future and sell the business property to this new LLC (I don't even know if this is possible). I'm assuming the new LLC will need to have history before a bank will loan them but would they be able to just look at all my personal history, add in some collateral and take the whole picture into account?

2)Buy through my current company using an SBA Loan 504 loan. Sell it to me personally and move it to an LLC after. Is this even allowed under the 504 loan rules? Does this even make sense for taxes?

3)Start the regular way which is to just buy it personally (which makes it harder), move it into LLC and try to grow a system.

Again, thanks in advance for any replies!

Loading replies...