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Old 10-12-2017, 04:16 PM
t walgamuth's Avatar
t walgamuth t walgamuth is online now
dieselarchitect
 
Join Date: Apr 2005
Location: Lafayette Indiana
Posts: 39,014
Today have been working on the other building (office) building I am planning to buy. The existing leases all end next year so I have asked my son and son in law the realtors to try to negotiate extensions on all the leases.

As we get closer to closing everybody starts sharpening their pencils. The Bankers want longer leases. ...Me too.

It looks like when the dust all settles I can buy the office building with a normal amount down payment on the mortgage and pay for the vacation rental home with cash. I'll have one dollar left over. (Well a little more than that if nothing goes too far wrong).
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[SIGPIC] Diesel loving autocrossing grandpa Architect. 08 Dodge 3/4 ton with Cummins & six speed; I have had about 35 benzes. I have a 39 Studebaker Coupe Express pickup in which I have had installed a 617 turbo and a five speed manual.[SIGPIC]

..I also have a 427 Cobra replica with an aluminum chassis.
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