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All Forum Posts by: John Bowen

John Bowen has started 8 posts and replied 52 times.

Post: Earnest Money on a Commercial Real Estate Deal

John BowenPosted
  • Real Estate Investor
  • League City, TX
  • Posts 54
  • Votes 9

What is the normal percent of earnest money deposit on a commercial deal? Agreed offer is $900K and the seller sent their own contract asking for 15% intial deposit for the Title company escrow instead of returning the letter of intent.

Post: SBA 504 fees?

John BowenPosted
  • Real Estate Investor
  • League City, TX
  • Posts 54
  • Votes 9

Hey Guy's,
New here, been lurking a while.
What would the average percent of fees be on a large SBA 504 loan?
A little shocked at what the bank is quoting.