I know that there's the topic of the ethics that always pops up, and the loan-to-own lender mentality for some...I wasn't jumping into this post to weigh in on the morality piece or the intentions of the person doing the L/Os.

Loan Diversification = Do not stack up a bunch of one loan product for your portfolio.

If you're looking at commercial real estate and considering SBA financing, you need to know the difference between the 7(a) and 504 programs.SBA 7(a) Loan – The Versatile Option✔ Max Loan Size: $5 million✔ Down Payment: As low as 10% (varies by lender and deal structure)✔ Eligible Use: Real estate, working capital, equipment, partner buyouts, business acquisitions✔ Term Length: Up to 25 years for real estate (10 years for other uses)✔ Interest Rate: Variable or fixed, typically Prime + 2.75% (capped by SBA)✔ Key Advantage: Flexibility.

I would like to use the equity I have built up in my current duplex to purchase another investment property.

Also interested in a Belleville meet up.

I have an LLC set up in Texas.

Mainly investors, are their groups or meet ups that are near my area and if so where can I find them? 

I've heard of the Red Stick group although I was not aware of their monthly meet ups thanks for the insight. 

(Cleveland, OH) Mainly investors, are their groups or meet ups that are near my area and if so where can I find them? 

When you start going down the chain for quality of tenant the odds of going dark goes up.