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  • Buying ownership from family. Finance problem..

    Charles created 1 week, 3 days ago 0 Member · 1 Post
  • Charles

    Member
    September 12, 2019 at 8:32 pm

    Long story short. Grandfather owned business, when he passed he left business to aunt who currently runs it. Verbal agreement that its hers to run but if she sells its 50/50 between her and my dad (she agrees to this but its not on paperwork). She now wants to sale, and will sell to me for $250k. Business valued at $550. I have great credit and plenty experience but dont have savings to pay down payment. No bank seems interested even though my dad wants to give me his half, but doesnt have financials up front. Is there anyway to get the $250k that im missing? – by hq overview Gorbitral – –

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