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Has anyone ever heard of getting an SBA loan for the downpayment of real estate investment property?

21 Mar

is it possible? is it permissible? i want to buy a plex and on the verge of closing a hardmoney loan to get it, i have the score for conventional stated just not the downpayment required. I have a real estate investment LLC, would it be possible to get an SBA loan just for the downpayment in order to get me started. any all tips welcome. thanks

 
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  1. DOUBLE NET

    March 21, 2010 at 7:22 pm

    The SBAdoes not make this kind of loans.