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Updated over 3 years ago on . Most recent reply
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EMERGENCY SITUATION 1st Time Commercial Deal
we need help after a year trying to get into commercial,
we're running out of time in contract on an office warehouse
condo and have gone through 1000s of pages of paperwork
with a CDC/SBA/Bank and received contingent approval,
but got a screen-out on a SBA 504 resetting the clock.
we're running out of time asking for a 2nd extension,
offered our earnest money and trying to figure out
how to close this deal in 3 days or less than 3 weeks
if the extension is accepted?
any advice is appreciated,
John
Most Popular Reply
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What's the real details?
What's the purchase price?
What's the loan amount?
What's the location?
How much down payment?
Appraisal done? If so what's the value?
Owner occupied or investment?