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Updated almost 11 years ago on . Most recent reply
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What can I do with these? Can I wholesale? Lots of help!
I came across the following items. I really could use help trying to figure out what to do with them:
1] Gold & Silver Mine
FINANCIAL DETAILS
Asking Price: $20,000,000
Gross Revenue: $65,000,000
Cash Flow: $50,000,000
2] RICH AND ABUNDANT GOLD MINE
Asking Price: $40,000,000
Gross Revenue: $50,000,000
Cash Flow: $45,000,000
3] RICH GOLD MINE
FINANCIAL DETAILS
Asking Price: $25,000,000
Gross Revenue: $478,800,000
Cash Flow: $60,000,000
4] Gold & Silver Mine
Asking Price: $7,000,000
Gross Revenue: $50,000,000
Cash Flow: $43,000,000
5] VERY RICH PLACER GOLD MINE ( 80 ACRES )
Seller Financing Available!
Asking Price: $80,000,000
Gross Revenue: $90,000,000
Cash Flow: $85,000,000
I don't mind giving most of what is made off of one, to help make something of it, so that I can work through the others. Besides the mine, this could be a huge new construction deal, making mining towns, and working to be able to make the towns be able to stand, independent of the mines. I think wholesaling them [maybe the ones without seller financing, to get those with?] would be the best, but I don't know how to go about it with items this big. Any help?
Most Popular Reply
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- Real Estate Professional
- West Palm Beach, FL
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I think you've inadvertently stepped into some BS here.
Other than the fact that they are "mines" which has enough red flags, no one would ever sell any asset/business for less than annual "cash flow", let alone less than half.