Results 1 to 6 of 6
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02-24-2015, 01:01 PM #1
- Join Date
- Oct 2014
- Posts
- 41
gas station property worth 1 million
have a gentlemen who own 2 gas stations. looking to get capital based off one of his gas stations that he owns which is worth 1 million. currently has an offer for 16% for 5 years. who can do this ?
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02-24-2015, 01:49 PM #2
- Join Date
- Jan 2015
- Posts
- 41
How much is the offer for? Does he own the property on which the gas stations stand? If so, are there any liens/mortgage on the properties? If the property can be used as collateral, we should be able to get longer term/lower rates. PM me if interested
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02-28-2015, 07:59 AM #3
- Join Date
- Dec 2014
- Location
- Quogue, NY
- Posts
- 1,108
The environmental issues on Gas stations make this tricky. If the LTV is less than 60% I can assist.. Richard 516 510 3855.. rg@businesscapitalconsultants.com
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03-03-2015, 07:18 AM #4
- Join Date
- Jul 2014
- Posts
- 82
gas station property worth 1 million
Try an investment bank specializing in gas stations, not sure how many are out there. I know of 1 & they will take a debt position for around 7-10%, or buy 30% equity. Email if you want more details bbrooks@moneymatchmakerco.com
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04-01-2015, 07:44 AM #5
- Join Date
- Mar 2015
- Location
- NY
- Posts
- 39
We can go 13% for 2 years and give a new deal at that time.
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05-29-2015, 02:54 PM #6
- Join Date
- May 2015
- Posts
- 5
Were you able to close this deal??? Hit me up at: fundgirl77@gmail.com
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