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Multi-Family and Apartment Investing

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Shafi Noss#2 Innovative Strategies Contributor
  • Washington, D.C.
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Can I buy a Multifamily with an SBA 504 Loan?

Shafi Noss#2 Innovative Strategies Contributor
  • Washington, D.C.
Posted Feb 3 2020, 08:09

I saw an ad in a small business magazine offering SBA 504 loans for owner-occupied commercial real estate. It got me thinking of doing something equivalent to a house hack but with a local multifamily property using the SBA instead of the FHA. I'm not sure though if it's supposed to be used for office space for a small business or something else entirely. Is a live-in multifamily viable? Does anyone have experience with SBA 504 loans?

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