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Allen L.
  • Rental Property Investor
  • Chicago and mainly invests in KS remotely
314
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360
Posts

Has anyone gotten SBA loan using their rental equity as collateral?

Allen L.
  • Rental Property Investor
  • Chicago and mainly invests in KS remotely
Posted

Hi guys,

I recently read that to satisfy SBA loans collateral, they are willing to take second position on equity from rental properties. Has anyone tried this and used it to buy "high success" franchises? 

Looking to speak to some people about executing this strategy. Seems like a business case to BRRR a lot of rentals and a way to "tap" into the equity portion.