How or where can I find good real estate agent who can help me with this? I spoke to an agent, but he was against my idea of construction of new strip mall due to its cost vs purchase existing. I am new to real estate and I would appreciate comments or input to accomplish this.Īssuming I found a land listing that I am interested already.ġ. My understanding is that I this is minimum requirement for SBA loan (7a or 504). We plan on getting dental practice loans in addition to SBA loan to afford interior & equipment of dental offices.įor real estate, my budget for land is $500K and construction is $2mil. I have liquid asset, which I can put 10-15% down for building, and collateral for 20-30 % of loan amount. It will be new businesses (dental offices) for both of us. Me and my wife are both dentists (different specialties) and we like to occupy 60% of building with with two dental offices (one for me and another for wife) and lease out remaining spaces for side income. I would like to purchase a land (around 1 acre) and build a small strip mall (around 10K sqft) using SBA loan. ![]() Hi, my name is David and I live in Atlanta area.
0 Comments
Leave a Reply. |