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RE: ScaredyCatGuide to Real Estate - Can't Get a Loan? Seller Financing May Be the Option for You!
This is actually how I bought my gym...half down and the other half as owner will carry. I got a better rate than a bank would have given me as well! Only 5% whereas many commercial loans are going about 7.25% right now.
That is awesome! Yes, you see seller financing with businesses alot more so than with homes, but its definitely out there. Glad to see it worked out for you!
Yes....also, you'll see it is also common on raw land purchases, too! :-)