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10-31-2014, 02:25 PM #1
- Join Date
- Oct 2014
- Posts
- 4
Bar/Restaurant plus 4 Unit apartment building.
Client owns two buildings on 1 deed.
Value $250,000
Owes $60,000 (2 30K notes)
Apartments are fully rented.
Client had operated the business for 30 years up until
3 years ago he sold the business and held paper. That person went out of the business
Goal:
Client looking for $90-$100K to consolidate the debt on the building and give him ~30K in operating capital to open up the bar/restaurant again.
Need some direction on where to take this.
Thanks
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