I look forward to being part of this community to learn how to get back in the game.

I know that poses a challenge for me when it comes to comps in preparing the numbers for an offer as well as making sure I g wet as much cash out when I refinance.

Generally, SBA loans can only be used directly for real estate purchases if the loan is being used to purchase a facility for a non-real estate investment business that will owner-occupy at least 51% of the property.

This gives much better diversification protection across geographies, asset types, strategies, investment subclasses etc. versus putting all the eggs into one basket.The downside is that it's not for everyone, and a person has to be comfortable with turning over control to someone else.

I would be fine with 0.7% now.  

Are there any gotchas that I need to be aware of?

I have a few questions and I will definitely be seeking professional guidance as well, but wanted to throw this out in the forums.Background:  I have just opened a single member LLC. 

He is nowhere to be found.

Then once I feel like they may be a suitable borrower for my business model, I consider the deal.   

The above link is a property that I found in my local and believe it might be a good first start into the real estate industry.