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Updated almost 5 years ago on . Most recent reply

User Stats

40
Posts
10
Votes
Josh Beller
  • Rental Property Investor
  • Thousand Oaks, CA
10
Votes |
40
Posts

Has anyone applied for SBA assistance for landlords?

Josh Beller
  • Rental Property Investor
  • Thousand Oaks, CA
Posted

Hi guys,

In this odd time we are dealing with regarding Covid-19, I'm wondering if anyone is considering a loan via SBA with the low interest rate that I have heard is being offered. My thought is, perhaps it would make sense to get this type of loan, and use it to pay off a private loan I currently have at 10% that is coming due in October. Would this even be possible using an SBA loan? Any guidance and/or advice is appreciated. Thanks in advance. -Josh

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