Can I buy NursingHome with no money down...

[Omja Pete]

Me: Masters Public health ( grant writing/ health care admin.) Worked on ambulance2yrs, human resources cert.

My financials: Low on cash for reinventment after paying off degree

My Re History: flipped a few low income SF homes paid cash so novice with hard money and debt structuring

The Deal: price $250k business and RE income 100K EBITA

Advice Ideas?

[Darryl Dahlen]

Aside from the financing aspect of this deal there are also ongoing licensing issues to consider. You state you currently work in a 100 bed facility, which is a good thing, but do you have the experience to own your own facility and keep it compliant/licensed?

It's an important question since if you partner with someone who has the money to help you they will definitely want to know you can properly manage this type of property.