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by a searcher
8mos ago
from Sacred Heart University
in Monroe, CT, USA
I don't think SBA will accept such a low DSCR anymore. They are getting more cautious and requiring a 1.25 but it has to be a "golden buzzer" deal at 1.25
reply
by a searcher
8mos ago
from Gonzaga University
in Spokane, WA, USA
You’ll want to be careful of “add backs” as well when looking at this. I.e - owner’s salary, legal, etc that likely WILL be applicable once you take over as well