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Manual article review is required for this article

For instance, in the event you’re planning to make use of a SBA 504 loan to get, renovate, or convert an current creating, it has to be at least 51% operator-occupied. As a result, if you were being buying a developing with 5 Business office Areas, you should have the capacity to rent out two of Those people Areas although occupying the remaining

As an example, for those who’re intending to utilize a SBA 504 loan to purchase, renovate, or change an existing setting up, it should be at the least fifty one% proprietor-occupied. Hence, should you had been getting a creating with five office Areas, you would have the capacity to rent out two of People Areas even though occupying the remaining

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