Hello Mustachians,
There is a medical center in my hometown that allows physicians to buy a share of the center for $163k. They are allowed to buy a maximum of 2 shares, but they must sell the shares once they retire, die, or stop practicing medicine at this center. Also worth noting as these practicing physicians and the Executive center members are the only participants able to buy shares.
My father's partner is looking to retire, and will be liquidating his 2 shares and would like to sell them to my father (another physician). The shares have produced a net amount of about 20-25% a year for the past 13 years, and with the addition of about 12 new physicians in different field areas they will almost certainly hit or exceed these numbers for the foreseeable future. The shares payout quarterly.
Currently, my father has enough liquid capital for 1 share. I am looking to pick up the second share through him but only have around $35.5k in liquid cap. I am open to various means of raising these funds including helping cut other people in on the deal, but it seems tricky because the shares would be in my father's name and that is understandably a "hard sell." Any recommendations you mustachians have as far as means to raise capital for this sort of atypical investment opportunity, or any sort of borrowing methods that would be viable options?
Thanks for your time and I am looking forward to hearing from y'all soon.
Kindest,
Maz_Phil