- Thread starter
- #121
Can't say I blame the person making that 100% carry offer. Given the current market I can even see myself asking the same if I get the slightest belief the seller is more than motivated.
Yea, me too... we always ask for the moon when we buy. On our current deal, we offered 10% down, owner carry for the rest..... they had it listed at 350K and we offered 250K.
But, on the selling side, it is a different story, particularly with a commercial property. Worst case: They buy the business on an owner carry, run it into the ground, and we have to take it back. We would be worse off than we are now. Not only did the business not sell, but has now been injured and we have to put a lot of time and effort into repairing the damage.
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