I say go for it...
It is a starting point, and if he doesn't like it, he will show you what he would like.
I personally would never loan out money at 5% - but he might surprise you.
I recently asked for an owner carryback at 7% on a commercial property.
They accepted - I never thought they would.
So.... ask for what you want!
It is a starting point, and if he doesn't like it, he will show you what he would like.
I personally would never loan out money at 5% - but he might surprise you.
I recently asked for an owner carryback at 7% on a commercial property.
They accepted - I never thought they would.
So.... ask for what you want!