All Forum Posts by: Rose Davis

When

John Anderson is it possible to get a commercial loan in a personal name?

Tim Chapman what do u mean talking through the association?

Has anybody ever heard of the SBA giving a loan to a start up llc? For example we are buying a building 3 store fronts and 3 apts attached to it and the contract is for 20 months, after that we have to refi with a bank. I no that lots of banks want u to have 2 yrs of tax returns and we wont quite be at the two years yet. So im wondering if the SBA could assist with the pay off loan?

Has anybody ever heard of the SBA giving a loan to a start up llc? For example we are buying a building 3 store fronts and 3 apts attached to it and the contract is for 20 months, after that we have to refi with a bank. I no that lots of banks want u to have 2 yrs of tax returns and we wont quite be at the two years yet. So im wondering if the SBA could assist with the pay off loan

Meghan McCallum Arksafe. That business card i sent u

Jacqueline Peterson thank you so much for that thorough advice. Since this is the first huge rehab i am doing I really appreciate learning the right way to do it before i make any mistakes!

Thanks everybody for enlightening me on this because i need to make sure i call the shots so that its going the right way and the job is getting done

Jeff B. Thats exactly what i was thinking and i have had some say all and 75% up front. Its my first big rehab investment so im new to this part of investing

Should a contractor receive 75% up front or should they be paid in smaller increments?