Advice for Investment Opportunity
Hi everyone.
My family and I were presented the opportunity to purchase an old tree nursery. My father had a landscaping business in the past but not up and running now. So, there is someone who has experience with this line of work. Anyway, the price of land is almost 1M but definitely overpriced. We have one investor who will put in 100K (possibly more) and of course need to find other investors to help as well. My family doesn't have the money personally, but can get business funding to help with the deal and/or use HELOCs.
My question is, who do we talk to about helping
us structure the deal and to make sure every thing is fair in regards to the investments. We are trying to get on the ASAP because the property has been on the market for almost 1 year. We need guidance to make this work. Please point me in the right direction.
Sorry if I gave a lot of unnecessary info.
Most Popular Reply
In terms of structuring the deal, I would suggest contacting a local business attorney. This person will be able to help you identify potential issues in the agreement, and would have useful connections to other professionals for you.