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3 November 2020 | 11 replies
She is known to have high standards (I'm a native and this is her reputation in Tucson).
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24 September 2016 | 11 replies
SBA's regulations on leasing require that the small business occupy at least 51% of the rentable property if the 504 project is for an existing building and at least 60% of the rentable property (with the intent to move into at least an additional 20%) if the 504 project is new construction.Eligible Borrowers: For-profit, non-publicly traded businessesTangible business net worth (including affiliates) not to exceed $15 millionAverage net income of the business not to exceed $5 million over the previous two yearsOwnership must generally be comprised of 51% U.S. citizens or Legal Permanent Residents (some exceptions apply)Examples of Property Types Fountainhead Finances:Medical offices or medical facilities (such as labs and clinics)Office buildings (including office condos)Warehouses (and other industrial properties)Day care facilities (for children or adults)Free-standing restaurantsLimited-service, flagged hotels (some unflagged destination hotels will be considered)Auto repair shopsAssisted-living facilitiesCall to ask about many other property types that are eligibleIneligible Borrowers: Non-profits (except sheltered workshops)Passive holders of real estate and/or personal propertyLending institutions (mortgage brokers and correspondent lenders are eligible)Life insurance companies (franchised agents are eligible)Businesses located in a foreign countryBusinesses selling products or services through a pyramid planGambling concernsBusinesses which restrict patronageGovernment owned entities (excluding Native American tribes)Consumer and marketing cooperatives (producer cooperatives are eligible)Businesses engaged in loan packagingBusinesses that have previously defaulted on a Federal loanBusinesses engaged in political or lobbying activitiesIneligible Use of Funds: Working capitalInventoryRolling stockBusiness “good will” or “blue sky”
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15 November 2015 | 56 replies
Congrats, Josh, from a fellow native Kansan!
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15 January 2017 | 6 replies
I am native to Iowa, but lived in NYC for a while.
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26 April 2017 | 15 replies
I almost feel inclined to go with what the natives suggest.Had anyone done this in a c-class neighborhood and was confronted with horrific situations after the fact, extreme damage, mishandling of the appliances or even theft?
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1 May 2017 | 2 replies
I am a native Californian and I grew up in the beautiful suburb of San Marino/Pasadena.
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18 April 2019 | 53 replies
Newbie investor here but a Cleveland native for all 25 years of life!!
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27 September 2022 | 6 replies
I'm not a native or resident of Maine but own property there and plan on buying more in the future.
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29 November 2022 | 5 replies
Rob,Philadephia native, Temple alum, and fellow investors here.
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20 August 2020 | 6 replies
I am a San Diego native and absolutely love this city and all it has to offer.