A seller I am in early-ish stages of negotiations with is waffling between whether he wants to sell or retain the real estate that the business sits on. The RE profile seems ideal - Class B industrial, in a huge suburb just outside of a major/growing city, and plenty of empty land to expand. However, I think the seller is leaning towards holding onto the RE.

I want to make sure I am aware of my post-close options here so that I know how to effectively negotiate. I plan on using SBA financing for the transaction. If I do not buy the real estate at close, can I buy it two years post-close and use the favorable SBA leverage/terms that I would get for it if I bought it now? If so, is that a fairly easy process? Or would I need to buy it with a separate loan later on?

Thank you for any insight.