Is it possible to use the SBA to just purchase real estate and subsequently keep as rental properties? I thought the SBA was just for business acquisitions and perhaps real estate that came with the businesses, but I wasn't sure.
If not, are there other loans available to buy real estate (with lower equity % than typical 20-25% for CRE loans)? Thanks
SBA Loan for Real Estate
by a searcher from Massachusetts Institute of Technology
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There are no other standard commercial financing options that would provide the opportunity to purchase commercial / investment properties with less money down. Sorry.
I believe any real estate purchases have to be >50% occupied by your business.