Storage unit loans
The article on Storage Unit Loans states that in order to be approved for a loan you must have 3+ years in business– Please, elaborate.
Could 3+ years experience as a real estate investor meet the qualification?
In order to qualify for any loan you must show experience in the area in which the loan is being granted. If you do not have the experience, it would be great to partner with someone who has experience. Best of luck to you.
Hi, Elliott – thank you so much for your question! The length and type of experience necessary depend on the lender. However, we believe the experience should be in rental real estate generally – not experience with storage units specifically.
Best of luck,
Disclaimer: We spend hours researching and writing our articles and strive to provide accurate, up-to-date content. However, our research is meant to aid your own, and we are not acting as licensed professionals. We recommend that you consult with your own lawyer, accountant, or other licensed professional for relevant business decisions. Click here to see our full disclaimer.
Product or company names, logos, and trademarks referred to on this site belong to their respective owners.