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by jimmyvalmer 1598 days ago
If your price is under 50k, and he wants to pay in installments, then I'd just close the discussion. Dude is your yanking your chain.
1 comments

Even if it’s less than 500k, I would just ignore him. Totally not worth your time and headache
I wouldn't draw the line that high. Mortgages still make sense for less.
That'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.

Putting 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.