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Updated over 3 years ago on . Most recent reply
![John Acheson's profile image](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1005461/1694556710-avatar-johna373.jpg?twic=v1/output=image/cover=128x128&v=2)
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
![Chris Cambridge's profile image](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/15416/1694597579-avatar-cbrestate.jpg?twic=v1/output=image/cover=128x128&v=2)
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?