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Updated about 11 years ago on . Most recent reply

User Stats

123
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35
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Eddie Starr
  • Specialist
  • fremont, ne
35
Votes |
123
Posts

What can I do with these? Can I wholesale? Lots of help!

Eddie Starr
  • Specialist
  • fremont, ne
Posted

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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23,418
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13,509
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Wayne Brooks#1 Foreclosures Contributor
  • Real Estate Professional
  • West Palm Beach, FL
13,509
Votes |
23,418
Posts
Wayne Brooks#1 Foreclosures Contributor
  • Real Estate Professional
  • West Palm Beach, FL
Replied

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.

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