Comments on: Creative Financing? Is it possible to buy a small biz with 100% Seller Financing AKA, no money down? http://realestateforfunandprofit.com/creative-financing-is-it-possible-to-buy-a-small-biz-with-100-seller-financing-aka-no-money-down/ Tue, 03 Apr 2012 22:12:56 +0000 hourly 1 http://wordpress.org/?v=3.2.1 By: zohanR http://realestateforfunandprofit.com/creative-financing-is-it-possible-to-buy-a-small-biz-with-100-seller-financing-aka-no-money-down/comment-page-1/#comment-508 zohanR Thu, 22 Jul 2010 00:02:23 +0000 #comment-508 you can actually, i have seen one business for 450k in washington...But the thing is when seller is gna do 100% financing he over price the business and anyways it wont be worth taking a loan for entire life. My idea dont do that even if someone offers it. It wont make u any money cos if it was making money why would anybody get rid of it like that with $0 down. good luck you can actually, i have seen one business for 450k in washington…But the thing is when seller is gna do 100% financing he over price the business and anyways it wont be worth taking a loan for entire life. My idea dont do that even if someone offers it.

It wont make u any money cos if it was making money why would anybody get rid of it like that with $0 down.

good luck

]]> By: Peggy I http://realestateforfunandprofit.com/creative-financing-is-it-possible-to-buy-a-small-biz-with-100-seller-financing-aka-no-money-down/comment-page-1/#comment-507 Peggy I Thu, 22 Jul 2010 00:02:23 +0000 #comment-507 I sincerely doubt you will find a reputable business, which is an actual functioning (profitable) entity that would allow you to do this. If I am going to sell you something, I expect you to have some skin in the game. Think about it from the other side. Why would you want to basically give your business away to someone else, on a promise that they will pay you back out of the profits. If it was me, I would be better off just hiring someone to run it, and keep my equity. I sincerely doubt you will find a reputable business, which is an actual functioning (profitable) entity that would allow you to do this. If I am going to sell you something, I expect you to have some skin in the game.

Think about it from the other side. Why would you want to basically give your business away to someone else, on a promise that they will pay you back out of the profits.

If it was me, I would be better off just hiring someone to run it, and keep my equity.

]]>