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Updated almost 8 years ago on . Most recent reply

Banks that will allow owner to do 10% carryback
Hey guys, I am an investor in Kansas City. I sell a few turn-keys here and there to fund my own portfolio and I would like to help my buyers grow faster by offering 10% owner carry-back. I am looking for suggestions on banks that would allow this. Thanks in advance!
-Ian Reeves
Most Popular Reply

I'd think Arvest and Morrill & Jane's would be a little more flexible but Shawnee may just be a tough area to sell that pitch. Check first community bank or Brotherhood bank and trust. I think whoever you talk to you will need quite a sales pitch to get this to happen. Good luck.