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Updated almost 4 years ago on . Most recent reply

EMERGENCY SITUATION 1st Time Commercial Deal
we need help after a year trying to get into commercial,
we're running out of time in contract on an office warehouse
condo and have gone through 1000s of pages of paperwork
with a CDC/SBA/Bank and received contingent approval,
but got a screen-out on a SBA 504 resetting the clock.
we're running out of time asking for a 2nd extension,
offered our earnest money and trying to figure out
how to close this deal in 3 days or less than 3 weeks
if the extension is accepted?
any advice is appreciated,
John
Most Popular Reply

What's the real details?
What's the purchase price?
What's the loan amount?
What's the location?
How much down payment?
Appraisal done? If so what's the value?
Owner occupied or investment?