Posted by Kristine-CA on October 23, 2003 at 15:26:08:
Well, you’ll have to talk to the owner to find out what they need (and if they want to sell). Then make an offer that leaves room for you and your buyer. No offense, but you won’t get comfortable by watching someone do it. It’s always uncomfortable to do things one hasn’t done. No amount of reading or mentoring will make the feeling go away. So my suggestion would be to go with it. Make an offer, feel uncomfortable. Worse case scenario is there is no deal. And even then there will be some valuable learning and experience.
Don’t worry about your buyer until you’ve gotten the deal. Get a good deal and you’ll have more than one buyer.