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10-30-2015, 02:05 AM #1
- Join Date
- Oct 2015
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- 21
I have a strange scenario I have this gentleman that owns a restaurant it was open until 2013 it did around 275000 month he was in a car accident and now is better finally he still has the lease on the restaurant he still has a business account he just doesn't have any revenue generating right now what would you guys suggest for a situation like this if anything his credits pretty good his sister is very successful market right across the street from the restaurant not that that's any good but I may be attached to his credibility he claims he has all the equipment in there from the restaurant also and he put 1.7 million in the remodeling in inside the place any suggestions guys oh yeah by the way is looking for a hundred grand
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10-30-2015, 03:33 AM #2
- Join Date
- Oct 2015
- Posts
- 21
I just take a look inside the restaurant and has all the stainless steel appliances and freezers it's very high he still has a liquor license has a really nice bar and he just signed a 20 year lease on the property which was in extending it I already had a 10 year lease so I'm just telling you guys this information to see if you guys can point me in the right direction I also get a lot of clients that want to do home equity loans that have their house is paid off any help with that?
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