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On loan interest, seller can put in 200k on a 1.2, disc. cash flow is around 115K, RE is 1.5MM..need loan.

Business for sale: Lodging with functions/cabins/activities. Establsihed. Discretionary cash flow = $115k, RE was appraised for 1.75MM in 07, seller wants 1.2 and will provide seller fin., or we can offer 1MM. Does anybody know where I can find a loan and use the real estate to collateralize it??? The interest has to be reasonable to make the cash flow support working capital and a small salary. Please call: 801-471-3023 with loan interest.

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