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10-25-2013, 11:15 AM #1
- Join Date
- Apr 2013
- Location
- Basalt CO
- Posts
- 867
Looking for Financing to purchase Gas Station
I have merchant who currently owns a supermarket in NY looking to purchase a gas station in NJ. The station has a car wash, mini mart and conveince store. He needs about $4million.
His super market does $5.2millinion so I Figure I can get around $500-600k on that.
He has a number of properties that he owes a total of around $300k on.
Here is a list.
*2 Single Family Homes worth about $1 mill a piece
*1 2 family duplex worth $850k
*2 brd cond worth $600k
*1 brd cond worth $350
Lots of variables here.
Any ideas or anyone out there that would like to get involved?
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10-25-2013, 04:31 PM #2
Would he like a equity deal?
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10-25-2013, 04:47 PM #3
- Join Date
- Apr 2013
- Location
- Basalt CO
- Posts
- 867
yes, he needs to take equity out of the properties and also combine that with an advance. I have the advance side covered.
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10-25-2013, 04:56 PM #4
I justed p.m. you.
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10-25-2013, 05:13 PM #5
Did you call them?
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