Updated almost 8 years ago on . Most recent reply
equity injection SBA rule change?
SBA rule changes SOP 50 Isn't self storage considered as real estate purchase? It can't be moved from the real estate it is on. I have a transaction on self storage units with seller carry-back on down payment of 10% on 3.3 million dollar purchase. SOP 50 refer to business purchase. I don't believe that applies to self storage as a purchase. Lender having challenge understanding rule. Waiting on clarification. Has anyone been in a transaction with seller financing dealing with this equity injection rule change and found a solution?