400K a paper Touring company Georgia wants 5 years. Who? other than SBA.
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  1. #1
    Senior Member Reputation points: 5023
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    400K a paper Touring company Georgia wants 5 years. Who? other than SBA.

    100k-150K a month consistent, 740 score, 4 years in business wants to buy her business rental property ? Has 70K with EBS and 60K with Can.....
    Last edited by John Galt; 08-24-2016 at 03:19 PM.

  2. #2
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    400K a paper Touring company Georgia wants 5 years. Who? other than SBA.

    Out of sheer curiosity, how much is this piece of property she is looking at?

  3. #3
    Senior Member Reputation points: 30475 Zach's Avatar
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    I'd love to review this deal with you. Do you have time to speak?
    Zachary Ramirez – CEO
    Phone: 562-391-7099
    Email: zach@zacharyjosephramirez.com

    1661 N. Raymond Ave #265
    Anaheim CA 92801

  4. #4
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    Is there a down payment?

    Does the property appraise?

    Will this be full doc, stated, or hard money?

    Are they leveraging their business as the down payment source?

    There are folks here that help the client and not charge 1.73 factor rate for 18 months on the Real Estate..

    At 1.8 per year- if profitable- there are likely multiple paths to leverage the business, and not endanger the client. They need a term loan from a Mid Prime Lender to close in 10 business days.

    Whether or not they are disclosing income (depending on the property type and location), there are several programs that will charge clients competitive rates predicated on guarantors FICO scores and appraised value.

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