All Forum Posts by: Seth Jayne

Hi Ronald,

My company owns the land and has annual income of 3 times the value of the land. 

Respectfully,

Seth 

Hi Greg,

it is an owner occupied fenced lot where I store my company equiptment. Would this still rule out the SBA? 

Respectfully,

Seth 

Hello BP,

Thanks in advance for the advice. This has likely been discussed many times however I am sure this changes from time to time. I have 2.8 acres of vacant land. I would like to do a cash-out refi on the property. What is the lowest-cost source of financing on commercial vacant land? I own the property free and clear and I use the property to store my companies equipment there. I know the SBA does real estate loans but how else should I shop for the best deal? Brokers maybe?  

Thank you,

Seth