On this week’s episode of Breaking into CRE, I am joined by Alex Leykind to discuss buying commercial real estate (CRE) with SBA Loan Programs. The SBA has 2 types of loan programs to help small businesses expand and grow. Many people know the loan funds can be used for equipment, operational expenses and working capital. However, we wanted to dive into the purchase of Commercial Real Estate!
Alex Leykind is the Managing Director at Equitas Capital Group based out of New York City with the capacity to fund throughout the United States. Alex has been in the business for more than 18 years and has funded multi-million dollar deals for the purchase of retail spaces, warehouses, standalone buildings, multi-family properties, etc.
Follow Alex IG: https://www.instagram.com/alexleykind1/
More About Equitas Capital Group: https://www.equitascapitalgroup.com/
Breaking Into CRE is a Live Series hosted biweekly, strictly about getting into commercial real estate as a small business owner, investor, and realtor.
Video Breakdown:
0:00 – 3-00 Introductions
3:00 – 4:30 Difference Between SBA Loans & Conventional CRE Loans
4:35 – 4:56 Owner Occupied Commercial Lending (Must Occupy 51%)
4:57 – 6:08 Finance Up to 90% w/ SBA Loans
6:15 – 7:22 Conventional Financing Requirements
7:25 – 8:57 Benefits of SBA Loan Programs
9:00 – 10:35 Types SBA Loans (504 Loan & 7(a)), Eligibility Requirements, 504 Program Explained, and 7(a) Program Explained
If you have questions please drop them in the comment section!
If you have a business or are looking to start a business in Florida and need a brick-and-mortar location.
Instagram Channels:
Real Estate: https://www.instagram.com/closingwith
Business: https://www.instagram.com/shakeiakegler/
Government Contracting: https://www.instagram.com/govlia/
Lifestyle: https://www.instagram.com/notoriouskeg_/