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Owned by Jed

Searcher School

771 members • $197/month

Currently $197/mo. Join Searcher School to build MASSIVE leverage in your search and get your first off-market lead in 60 days. Guaranteed.🚀

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1 contribution to Veteran Business Community
Walked away from a $2,7250,000 pay day.
I'm in the process of selling two of my Self-storage facilities. The buyer didn't want a cap on how much 1st lien bank debt they could leverage. I capped them to assure there is still equity in the property in case they defaulted because I was offering a 2nd position with $1.1M of Owner-Financing. They wanted us to take more risk so they could fully leverage the equity in the property if they had to. We were not about to make that concession. Sometimes it is just best to walk away, even if it is a multi-million dollar payout. Another offer will come.
Walked away from a $2,7250,000 pay day.
1 like • 25d
Tough decision but the right one @David Jones. You have very limited protection on a second position seller note and you likely wouldn’t have recovered the $1.1M.
1 like • 22d
@David Jones 💯💯
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Jed Morris
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@jed-morris
Helping business buyers build MASSIVE leverage in their search with AI. Get your first off-market lead in 90 days. Guaranteed. 🚀

Active 3h ago
Joined Mar 23, 2026
ENFP
San Diego, California
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