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To: ovrtaxt
"#1- Buying a car repair business AND prepaying the lease for 10 months with $25,000? Either it was a supremely crappy business, or they got an UNbelievable deal."

"#2- Within 10 months, they give it up and GIVE IT BACK to the original owner? Okay."

It could be the $25,000 was just the down payment and that the previous owner carried the contract.

This does happen. My father owned a Mobile Home Court sold it with $25,000 down and carried the contract. When the new owner couldn't make the payments because of the interest rate they took it back.

43 posted on 04/21/2004 8:33:17 AM PDT by Spunky ("Everyone has a freedom of choice, but not of consequences.")
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To: Spunky
Point taken.
71 posted on 04/21/2004 7:44:57 PM PDT by ovrtaxt ( Communism has bowed the knee to Jesus. *** Allah is next.)
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