Can I finance the purchase of a marina using an SBA loan?

1 year ago
1

Can I finance the purchase of a marina using an SBA loan?

I am looking at acquiring a marina which has a 4-unit residential property and a restaurant on-site. Would this be eligible for SBA financing?

Thanks a lot!
Stan

Timestamps
[00:20] Financing the purchase of a marina which has a restaurant
[00:28] What type of SBA financing would work on this type of deal?
[00:34] Can long-term leased work on a 4-unit residential property?
[00:54] Property to be delivered vacant
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_________________________________________________________________________________________________ About Beau: Beau Eckstein is a real estate entrepreneur, TV personality, and commercial mortgage advisor, specializing in construction financing and multi-family lending.
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