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favorite this post Loan backed with mineral rights (Weld County) hide this posting unhide

I'm seeking a 2-3 year term loan and can protect your investment with oil/gas mineral rights. I currently have a firm offer for $7000 per acre, but no desire to sell. Drilling is supposed to start in April 2019.
Ideally, I would like to borrow $40,000 for 3 years. And I'm willing to put up 7 acres worth of my mineral rights as collateral. No monthly payments, 8% compounded interest monthly and a 3 year term would get you $50,809. Can have your lawyer draw up the paperwork and I prefer someone fairly local, not out of state.
Let me know if interested.
  • do NOT contact me with unsolicited services or offers

post id: 6790553946

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