4 ms·
I wouldn't draw the line that high. Mortgages still make sense for less.
by jimmyvalmer 5y ago
I wouldn't draw the line that high. Mortgages still make sense for less.
- tacostakohashi 5y agoThat's because mortgages are secured by real property that can be foreclosed upon in the case of a default. You cannot foreclose on a business.
- jimmyvalmer 5y agoPutting OP's "small side project" aside, anything, including houses, that can sell for close to half a million USD is going to involve lawyers who will ensure the seller is made whole.