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Updated over 11 years ago on . Most recent reply

Robert G.'s profile image
Robert G.'s profile image
Robert G.
  • from Las Vegas, Nevada
  • Member since Sep 21, 2013
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Robert G.'s profile image
Robert G.'s profile image
Robert G.
  • from Las Vegas, Nevada
  • Member since Sep 21, 2013
Connect
Robert G.
  • Las Vegas, NV
0
Votes |
14
Posts
Buying & Selling Real Estate

SBA loan help - Senior living community

Robert G.
  • Las Vegas, NV
Posted

Hi everyone, first post here!! Here is my question...

Myself and three others are looking to purchase a senior living community (assisted living) w/ a SBA loan. One of the parties (Nancy) owns and operates one on the other side of the country. We have the 10% down for an SBA loan. Before myself and my other two partners approach Nancy, we want to do our homework.

-Should we find our senior living community before applying for our SBA loan?

-Will there be any hangups if there are four separate investors involved? (we are all good friends)

Any help is appreciated!!

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