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Updated over 1 year ago,

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Charlie MacPherson
  • China, ME
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Highly qualified MD seeking $640,000 in down payment financing for an Assisted Living

Charlie MacPherson
  • China, ME
Posted

I am working with a person who is a medical doctor.  She is interested in an 18-bed, $4.2M assisted living facility I have for sale.  

We are hoping to get a HUD/FHA 232 loan because it allows a 35 year term for assisted living acquisitions, which of course drives down the debt service.

She has $200,000 liquid, but needs $840,000 (20%) for this loan program.

If you're interested, propose your terms and let's talk!

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