Laundromat Resource Forums Financing Down Payment Reply To: Down Payment

Enea Rapo

    Hey Jason!
    Thank you for that reply, I do apreciate your answer!
    So if i understand correctly, if i would get a bank to get me an SBA loan over a Owner financing deal, you saying that they may only give me up to 10%, which i could use it for a down payment or anything for that matter?
    If thats the case why would that be the case ? why wouldn’t Sba give a higher percentage in this case?

    Thank You!