Buying A Building Part 1 | SBA 504 vs. Conventional Loans
WTF Gym Talk
00:00
Is It a Second Job to Buy a Building?
With an s b a five or four loan, the bank is taking less grisk so that thet's thatoet. The net lends me, i'm probably going back to what i couldn't think of earlier. There's no balloon payments, cause you got that long term fixed rate,. You don't incur this big fat payment that comes m as that initial term expires. A, the only collateral you really need is the asset. And if you're still working 60 hours a week in your currant? It will drain the life out.
Transcript
Play full episode
