Updated over 7 years ago on . Most recent reply
Commercial/Farm for sale questions
Odd question... does anyone know of any alternative routes for getting funding for a commercial property? Property is an operating chicken farm (chickens net over $90k income/year) with an operating pet boarding Kennel (nets over $100k per year) along with over 80 acres of tillable land, a newly renovated 4 br/3 bath 2500 sq ft home, large (100x200) shed/building/garage and separate office building (12x24) for Kennel.
Asking price is $1.1 mil. So down payment or equity would need to be $220k. Are there any creative ways to get this money through private lenders, etc for the down payment? Any suggestions would be greatly appreciated!