I wouldn’t pay more than… - Posted by Larry
Posted by Larry on November 29, 2000 at 20:21:38:
22% on a seller held note.
Now I know all of the others will say 22%! What are you crazy?
Well folks let me tell you this. If you think for 1 minute that a seller is just going to give you a loan for less than that you’re foolin yourself! Sellers need to have a little something in it for them as well. Hey, it’s a give & take world out there. You want the house? Give some interest money! Be fair for gods sakes.
I’d just love to see some of these guys here try and swindle a 0 or low interst loan from a seller. It would be more fun than watchin a retard eat hot wings!
Remember 22% or less if you can but that #22 gets sellers attention. Don’t really know why but it does.
Best Wishes Jim