petes replied to the topic Vendor finance in the forum Creative Investing 18 years, 10 months ago
hello Jennifer,
hope the below can help.
we purchased 2 months ago via vendor finance.
purchase price was $200k. we put down $60k, VF $70k and borrowed $70k.
this experience has showed us that good communication and working towards a mutual outcome can always work.
the vendor needed $130k in this instance urgently and so this worked.
VF terms -…[Read more]