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Updated almost 3 years ago on . Most recent reply

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70
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44
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Frederic Babeux
  • Rental Property Investor
  • Saint-Hubert, Québec
44
Votes |
70
Posts

Owner occupant cold storage

Frederic Babeux
  • Rental Property Investor
  • Saint-Hubert, Québec
Posted

Hello all,

I am doing some research on a potential purchase and I was wondering what kind of interest rates are offered on owner occupied cold storage warehouses?

Also, what kind of LTV can you get?

Building value is about 5m$.

Thank you!

Most Popular Reply

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173
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58
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Ryan O'Mara
  • Financial Advisor
  • Des Moines, IA
58
Votes |
173
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Ryan O'Mara
  • Financial Advisor
  • Des Moines, IA
Replied

@Frederic Babeux - You could possible get an SBA loan if its owner occupied. 80-90%LTV could be possible in that scenario. But if you're not a US citizen, then it gets a bit complicated. You'd need a partner that is to guarantee the loan.

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