SBA loans cannot be used to buy properties solely for investment. These loans are designed for business purposes, which means they support businesses purchasing real estate for their operations, not just for renting out. Understanding the difference is crucial. An SBA loan can finance a property if it serves a business need. For example, a restaurant owner can buy a building to operate their restaurant. However, they cannot use an SBA loan to buy a house or apartment just to rent it out. The post SBA Loans for Rental Property: Rules, Limitations & What You Should Know appeared first on United Capital Source.

View Entire Post