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08-03-2023, 04:50 PM #1Member
Reputation points: 776
- Join Date
- May 2022
- Posts
- 22
Drive Thru Acquisition
Have a borrower seeking around $850,000 for an acquisition of a drive thru & c-store located in OH.
FICO Score 725
Personal Income $125k Annual
Does not qualify for SBA due to green card status.
Seeking Conventional has down payment available.
Reach out directly
Kyle Burton
kburton@capitalcityfunding.biz
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08-04-2023, 12:40 PM #2Senior Member
Reputation points: 72398
- Join Date
- Sep 2021
- Location
- Irvine, CA
- Posts
- 2,244
EM'd you...FYI SBA requires - need 51% ownership that green card/resident. You're seeking that. This borrower can be at 49%
Steve Benjamin
Professional Business Loans
522 Contessa
Irvine, CA 92620
steveprobiz@gmail.com
https://probizloans.net/
Broker, Underwriter, general business loan expert
949.228.1050
@ 24 hour funding working capital loans
@ Term loans from 3 years to 10 years at 9.5% and up
@ Equipment financing up to 7 years
@ Property loans - Hard Money and traditional - Primary, Investment, commercial, land, fix and flip, construction.
@ SBA loans - 7A and 504.
@ Private money equity and debt for major investments
@ Personal Loans up to gross income from personal tax return.
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08-10-2023, 03:16 PM #3Member
Reputation points: 776
- Join Date
- May 2022
- Posts
- 22
Thank you Steve for your assistance with this deal. I learned about the creative ways to get to an approval your knowledge should come with a fee!
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