Jan 31 • Financing & Closing
How would you structure this deal?
I came across an interesting park. The water line that needs to be replaced and 20 vacant POH's that haven't been occupied since 2023. So essentially this park generates zero dollars right now. The seller is open to seller financing (obviously.) What about an offer like this - $0 down payment, Interest at 2% (with interest-only payments and NO payments for 12-24 months), term 5 years, balloon at stabilization. Obviously a terrible offer, ha! But it's a terrible park!
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How would you structure this deal?
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