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petes

  • petes replied to the topic Vendor finance in the forum Creative Investing 19 years 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]

petes