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Updated over 1 year ago,
looking into buying a bar/ restaurant
hey BP community, I am currently looking at a bar / restaurant looking to purchase it. the seller is offering owner financing with 125,000 down. is there anyway to get a private money loan for the down payment and maybe take the bar over and run it by myself and in the next year or so I could refinance it and pay the sellers and the private money lender off and have complete ownership?
thanks for answering in advance!