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I have a real estate business in IN with 5 properties with 15,000 in back taxes. Any financing available?

The properties are have no mortages and cash flow $1,800/month (4 properties only). They are eligeble for a Commissioners sale in FEB/10. I have about $1,000/month in payments. Could you recommend any SBA programs or other funding available? Thanks Bakerson Development LLC

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CCS_Inc
Small Business Consultant
Shelby County, TN

From the previous answer, if you have any other questions email me at CorporateCommercialServices@yahoo.com

Oct 18, 2009
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CCS_Inc
Small Business Consultant
Shelby County, TN

Are you incorporated? If not then you should look into gettting incorporated or since its real estate, forming an LLC. This creates asset protection which separates you personally in the event something devastating happens. The next thing you should look into is building corporate credit for your business and possibly use that for the $15k you need. Remember, own nothing and control everything...

Oct 18, 2009

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