Thread: Money Investing megathread extravaganza
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Old 04-19-2017, 05:55 PM   #892
Hog's Gone Fishin Hog's Gone Fishin is offline
Fish are scared of me
 
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Join Date: Nov 2001
Casino cash: $1700477
Quote:
Originally Posted by Bugeater View Post
How long do you typically finance them for?
15 years with the bank

with the owners for the 20% I offer them a 5 year balloon ammoritized for a 15 year payout but normally give them a higher interest rate like 8% to help motivate.

I never ever ever ever do a 30 year loan.
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