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Updated almost 3 years ago,

User Stats

49
Posts
21
Votes
Stephanie Gledhill
  • Huntington Beach, CA
21
Votes |
49
Posts

How to purchase $5M building from the family business

Stephanie Gledhill
  • Huntington Beach, CA
Posted

I would love to purchase the building from my family business. One is worth $5M the other $12M. The company would lease it back from us. The company C-Corp needs cash because 2nd generation shareholders want to retire. Is there any way I could qualify for a loan that large? The rent payments would be pretty much guaranteed ( business has been around for 60 years). Help. Any advice would be appreciated.

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