Buying A Building Part 1 | SBA 504 vs. Conventional Loans
WTF Gym Talk
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The Conventional Banker's Way of Managing Risk
If you're thinking about a one million dollar building with an s b a five o four product, you're talking, you know, a hundred thousand down. So to talk about the conventional loan, that is going to be typically a 20 %, maybe even up to 30% down payment by you. Now, if any of you guys have gone into big deals with banks, you've loaned money, significant money. And i'm not talking about like, e i d l stuff that we did during covet and things of that nature,. But these are, in my opinion, very, very, their very high risk for the antrepanor especially in the microjum industry
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