Posted by Mr. C on July 15, 2003 at 11:11:43:
$1075 in back lot rent and $500 to the bank makes for a $1575 investment (plus the repairs)… and then resell it for $7-10k.
I don’t see a problem with this, unless you just flat don’t have the money to do it?
One condition you might make is that you’d pay no lot rent rent until it resell’s. Given the fact that your making someone else’s problem go away I’d think it a reasonable concession.