Results 1 to 6 of 6
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02-20-2015, 04:59 PM #1
- Join Date
- Oct 2014
- Posts
- 41
Gas station deal
currently have a gas station 800k in revenues, owns the gas station property worth 1 million. currently has offer for 450k 5 years at 16%. who can beat this?
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02-20-2015, 08:17 PM #2
- Join Date
- Jan 2015
- Posts
- 16
is it a Factor Rate of 1.16 with a specified daily amount to be paid back? Or is it a 16% APR loan?
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02-21-2015, 04:31 PM #3
- Join Date
- Oct 2014
- Posts
- 41
Gas station deal
It's a 16% apr. for 5 years.
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02-21-2015, 06:15 PM #4
- Join Date
- Oct 2014
- Posts
- 257
Gas station deal
I can go 14% interest only backed by the real estate asset
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02-23-2015, 02:25 PM #5
- Join Date
- Oct 2014
- Posts
- 41
i just send you a pm
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02-23-2015, 05:55 PM #6
- Join Date
- Dec 2014
- Location
- Quogue, NY
- Posts
- 1,108
Gas stations are historically tough.. If the deal REALLY exists (and you don't anticipate having any Environmental issues), take it..
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