Posted by Michael Morrongiello on July 06, 2003 at 17:17:53:
If the buyer will go a long with this, as opposed to also wanting control and ownership of the Real Estate I don’t see anything wrong with this approach.
You would own the property (at a discounted acquistion cost) and then have a ready tennant in place.
However IF you find that the BUYER will not play under these circumstances, then a properly structure sale transaction where the seller finances the Real Property and also finances the business can result in the seller still obtaining cash from the sale of his/her Real estate secured “paper”. (we would have interest in such a 1st lien loan)
To your success,