Posted by JPiper on February 12, 2000 at 22:21:35:
How about you get a loan for $100K, the owner carries a second for $350K?
JPiper
need help on structuring this deal - Posted by kevin cece
Posted by kevin cece on February 12, 2000 at 10:02:46:
case scenerio
marina for sale
grosses 80 k a year
owner wants 450k
terms 100k down 350k owner carried back note
how do i stucture this with a now money down deal?
he is adament about 100k down and owns the place free and clear
he wont discount for cash because of capital gains