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09-16-2020, 02:40 PM #1
- Join Date
- Dec 2015
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- Los Angeles, CA
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- 121
Real-estate deal for a church - $500k for 501c501c
Not your typical account, but I thought I'd see if anyone on here could help with some recommendations.
The pastor of the church is actually a good friend of mine and he reached out to me this morning to ask if I'd be able to help finance a property for the church between $400,000 - $500,000. I wasted no time letting him know that it's not something we do, but that I'd be more than happy to see what I could find out.
The church is part of the AG Network (Assemblies Of God) and is an organization that has planted, started, and secured assets for numerous churches across the country that focuses on helping addicted and oppressed people get off the streets and into recovery programs that are offered through the church. They are looking to secure a location for a new(ish) church in New Jersey.
I recommended a few banks for him to check out but I'd like to see what other options may be available or if someone specializes in these types of transactions.
Last year the Church did $250,000 and has already surpassed that this year.Last edited by getitfunded; 09-16-2020 at 07:42 PM. Reason: Didn't finish whole post.
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