Looking for Financing to purchase Gas Station
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  1. #1
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    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?

  2. #2
    Senior Member Reputation points: 3217 CO1's Avatar
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    Would he like a equity deal?

  3. #3
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    yes, he needs to take equity out of the properties and also combine that with an advance. I have the advance side covered.

  4. #4
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    I justed p.m. you.

  5. #5
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    Did you call them?

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