Preview Mode Links will not work in preview mode

Investor Financing Podcast


Jan 19, 2023

Question: I am looking at purchasing an RV park in the Midwest close to a lake. The business is mom and pop owned and has not been managed well over the past few years as the owners are getting older.

I don’t think the cash flow right now would show well from a banker’s perspective.

There is a ton of upside. I am figuring that property needs about $300k in upgrades. The asking price is $1,175,000.

What might be the best financing option?

Thanks in advance,

Elisha

If you'd like to meet with Beau to talk financing, book a call here
http://bookwithbeau.com/ )