Depending on income and credit there are always credit card, personal line of credit and personal loan options available out there

Back in 2007 I took out a loan with CIT that was backed by the SBA.

My question is how to structure the loan.

I need to open two checking accounts for a couple of SDIRAs and discussing commercial RE loan terms. 

The most important thing is to interview each person and do your due diligence on what matters to you.

Does such a thing like this exist, or should we go the SBA cash flow loan route?

Additionally, if you are looking to build any type of portfolio yourself, you will need capital, and often times your W2 is what will let you get loans that you would not get without a W2.  

SBA loans feature favorable terms, such as low down payments and longer repayment periods, and are partially guaranteed by the SBA, reducing the lender's risk.SBA 504 Loans: Another SBA program, the 504 loan program, provides financing for the purchase, construction, or renovation of owner-occupied commercial real estate or heavy equipment.

Loan rates on the ReFi have prohibited us from building a bunch more 3-4 unit properties recently, just kills the CF of the deal, but going all-cash on the purchase & construction still pencils. 

I’m curious if anyone would have a recommendation for lenders that offer second mortgages in Texas. I’m interested in a property that is listed at 300k with an assumable mortgage with a payoff of 220. Does anyone know...