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Entrepreneur - New Business
Looking for investor to buy out mortgage
Posted by:
Craig Teela
on 1/15/2012 8:13:54 PM
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Funding Needed
:
$500k - $1mil
Category:
Hospitality & Tourism
Website :
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Location :
Wisconsin,
USA
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Description:
Succesful operating seafood restaurant. Bank sold our mortage in a large portfolio to venure group. Never deliquent on any payments. Venture group seeks to foreclose for quick profits. Looking to raise 1.9M to secure a freindly foreclosure. Have verbal commitment for 1.5 million. Just prior to mortgage sale, we were intiating franchising program.
Located in St Pete Beach Florida. 2011 sale 1.8 million
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