In this episode, "How To Buy a Business for Zero Out of Pocket," Beau discusses purchasing strategies without requiring a substantial upfront investment. He emphasizes the importance of becoming a skilled deal-maker and leveraging other people's money to unlock opportunities.

If you'd like to meet with Beau to talk financing, book a call here
( http://bookwithbeau.com/ )

I was referred to the sponsor by a mutual friend who was looking to buy a marina in Wisconsin. The purchase price was around $2 million but there were a number of obstacles to overcome. The main hurdle was that the majority of the income was coming from the onsite restaurant but the buyer had zero restaurant experience. Additionally, we had to negotiate a partial seller carryback, structured 90 percent loan-to-cost with the bank. I brought in two investor partners for the remainder of the equity injection required to close the deal. Needless to say, this was a challenging project to get funded.

If you have similar financing challenges, you can always reach out to discuss with me - http://bookwithbeau.com - and I can help you navigate to a successful conclusion in many cases.

If you'd like to meet with Beau to talk financing, book a call here
( http://bookwithbeau.com/ )

The SBA 7a Loan program offered by the Small Business Administration provides benefits for purchasing hotels or motels.

Key benefits of SBA 7a loans: SBA 7a loans have lower down payments and longer repayment terms compared to traditional bank loans.

The loans can cover up to 90% of total project costs, including closing costs, improvements, and working capital.

SBA 7a loans are easier to qualify for due to the SBA guaranteeing a portion of the loan, reducing risk for lenders.

SBA financing for hotels and motels can be obtained through banks, credit unions, and non-bank SBA partners.

If you'd like to meet with Beau to talk financing, book a call here
( http://bookwithbeau.com/ )

Q: Hello Beau, I've been following your channel for a while. I work in real estate investment, and my main job involves managing a car dealership. Recently, some of us at work have been discussing the possibility of venturing into a new business. Do you have any suggestions on how to go about creating a viable business model for this endeavor?

Regards, Dylan

If you'd like to meet with Beau to talk financing, book a call here
( http://bookwithbeau.com/ )

Question: Hello Beau, I currently have a property under a Letter of Intent (LOI), and our plan involves constructing a boat and RV storage facility. The closing date is set for 30 days from now. Do you believe this timeframe allows us sufficient time to secure financing through the Small Business Administration (SBA)?

Thank you, Anders

If you'd like to meet with Beau to talk financing, book a call here
( http://bookwithbeau.com/ )

Question: Hello Beau,

I hope this message finds you well. I've recently been in discussions with a particular franchise and have obtained their Franchise Disclosure Document (FDD). As I look into the process of franchise financing, I want to ensure I'm well-prepared, especially from an SBA (Small Business Administration) standpoint.

Could you kindly share some valuable insights and recommendations regarding financing a franchise, particularly with a focus on SBA-related considerations? Your expertise would be greatly appreciated. Thank you in advance for your assistance.

Best regards, Olivia

If you'd like to meet with Beau to talk financing, book a call here
( http://bookwithbeau.com/ )

Question: Hi Beau, I'd appreciate your guidance on estimating the total project cost for buying a franchise. Could you also explain the process for calculating the maximum loan amount for working capital? Thanks a lot, Jaspreet

If you'd like to meet with Beau to talk financing, book a call here
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Question: Hey Beau, I'm wondering how I can determine the approval amount for purchasing a franchise startup. Currently, I have $45k in liquid funds and an additional $50k that I can convert by selling some stocks. Thank you, Raul

If you'd like to meet with Beau to talk financing, book a call here
( http://bookwithbeau.com/ )

Question: Hi Beau, I'm currently in the midst of a substantial renovation project in Southern California. When the project is completed, the property's estimated value will be $5 million. Unfortunately, my permitting process has been significantly delayed, and I find myself running low on funds. I initially purchased the property for $2.3 million and currently have a conventional mortgage with a remaining balance of $1,800,000. Initially, I had budgeted $500,000 for construction, but it appears it will be closer to $1 million. I'm in search of a second loan to ensure the successful completion of this project. I have a strong track record, and the after-repair value (ARV) is promising. Are there financing options available to assist with this situation? Thank you, Tyler

If you'd like to meet with Beau to talk financing, book a call here
( http://bookwithbeau.com/ )

Question: Hello Beau, I'm about to make an offer on my first potential self-storage facility. Which loan option would be better for this purchase? The purchase price will be under $500,000. Thanks, Tim

If you'd like to meet with Beau to talk financing, book a call here
( http://bookwithbeau.com/ )