Laundromat Resource › Forums › New Member Introductions! › New member- Offer in, low tax returns. Advice?

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    • January 14, 2023 at 7:33 am #19189
      Z Woods
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        Hey everyone!

        I’ve got a deal that comes with commercial real estate that I put an offer in on. SBA 7a loan and seller financing.

        However, what the seller is claiming on the returns is LOW (massive deductions on cost of goods sold).

        The SBA lender does not like this.

        Does anyone have any tips or suggestions for a laundry mat friendly lender? I like the idea of having 10% down so I do not want to go with Eastern Funding at 30%.

        Thanks

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    Laundromat Resource › Forums › New Member Introductions! › New member- Offer in, low tax returns. Advice?