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Updated about 2 years ago on . Most recent reply

User Stats

7
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1
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Dominick Persino
1
Votes |
7
Posts

Anyone use USDA loans (commercial or residential)

Dominick Persino
Posted

Looking for a way to get property for business that can essentially operate from a 2 car garage.

So options are anywhere from FHA-SBA-USDA-A piece of grass and a metal building-seller financing-CDFI's

I like the look of USDA loans but, anyone experience with them? They told me no tax returns and its financial statement based lending on commercial side, curious if they need to be done by CPA?

Side question, does square footage calculation on mixed use property for FHA factor in the area of an attached garage?

Goal - minimum out of pocket to find real estate for a small workshop - renters a plus.

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