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Hey Beau,
I watched a previous episode “Financing a Planet Fitness Franchise Using SBA 7a Financing”. I am currently contemplating starting a fitness concept. I am evaluating my buying power first. What intrigued me with your past show was that we can potentially get high-leverage financing. I believe my old 401k would qualify for a rollover for my down payment. Essentially, I am not getting much of a return with the 401k and I’d like to roll that into a potentially good cash flowing business. It makes a lot of sense to me!
Please walk me through your thought process on this and what I might want to start looking into. My 401k has about $350k in it and I also have $150k liquid. I am retiring from my career in law enforcement in about 3 years and have the time and bandwidth to get this going now.
Looking forward to hearing your thoughts on a future episode!
All the best,
Tyler
If you'd like to meet with Beau to talk financing, book a call here
( http://bookwithbeau.com/ )
5
1010 ratings
Hey Beau,
I watched a previous episode “Financing a Planet Fitness Franchise Using SBA 7a Financing”. I am currently contemplating starting a fitness concept. I am evaluating my buying power first. What intrigued me with your past show was that we can potentially get high-leverage financing. I believe my old 401k would qualify for a rollover for my down payment. Essentially, I am not getting much of a return with the 401k and I’d like to roll that into a potentially good cash flowing business. It makes a lot of sense to me!
Please walk me through your thought process on this and what I might want to start looking into. My 401k has about $350k in it and I also have $150k liquid. I am retiring from my career in law enforcement in about 3 years and have the time and bandwidth to get this going now.
Looking forward to hearing your thoughts on a future episode!
All the best,
Tyler
If you'd like to meet with Beau to talk financing, book a call here
( http://bookwithbeau.com/ )
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