YEAH it might work - Purchase Cash Flow - Posted by Michael Morrongiello American Note
Posted by Michael Morrongiello American Note on June 17, 1999 at 23:25:36:
We are very familiar with the type of transaction you have outlined. In fact all things reflecting positively - it would appear to be a very feasible deal for us.
You can create a note with the seller and then have the seller sell off some or all of that note for cash at closing. What we want to make sure is clear is that the seller is not mislead over where your “down payment” is coming from. If he/she is OK with raising cash in the method outlined then we’re OK.
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