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Updated over 7 years ago,

Jennylynn Caldona's profile image
Jennylynn Caldona's profile image
Jennylynn Caldona
  • Property Manager
  • from Kent, Washington
  • Member since May 22, 2014
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23
Posts
5
Votes
Jennylynn Caldona's profile image
Jennylynn Caldona's profile image
Jennylynn Caldona
  • Property Manager
  • from Kent, Washington
  • Member since May 22, 2014
Connect
Jennylynn Caldona
  • Property Manager
  • Kent, WA
5
Votes |
23
Posts
Creative Real Estate Financing

What kind of loan should I use to buy care home AFH BUSINESS?

Jennylynn Caldona
  • Property Manager
  • Kent, WA
Posted

A AFH Care home business is for sale and I want to buy it. They want to rent the home for $2k/mo and sell the business for $80k. What kind of loan should I apply for the $80k? 

Hard money terms are so short term and its so hard to get a business loan. I can afford $1k/mo on top of the $2k rent. 

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