I would like to buy a large business that cash flows but I need a lot of money to buy it, where do I start? I could leverage my house?
I would like to buy a large business that cash flows but I need a lot of money to buy it, where do I start? I could leverage my house?
Just saw a comment that mentioned this was real estate, similar to a waterfront hotel.
An operating water front hotel in San Francisco probably trades at a 4% cap rate. SBA rates right now are at like 11%. Commercial real estate loans are probably like 8%. I find it very unlikely the numbers would pencil.
I’m evaluating the financials now.