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Is it possible to get a loan for over a million dollars in california for a first time busi buyer?(GasStation)

I can get around $100000.00 but the business are typically over a million dollars. Is it even possible to get a loan for that kind of amount.

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The BAF Group LLC

Sure, it is possible. That kind of price tag means the sale includes the property - unless the Seller is nuts, and the price being asked is completely out of line! But is it a good opportunity? Why is he selling? What else is going on in the marketplace? It is not always about the profit and the price. We are dealing with a number of people in various areas of the Country that are selling out at a loss, because they bought Gas Stations at prices that were too high for the current market.

Jun 29, 2011

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