EP 175 How to Buy a £1.2Million Hotel, No Money Down - a podcast by Ryan Otto
from 2023-11-11T13:44
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In this episode, Ryan walks you through a recent deal that he completed on. The hotel was worth around £1.2 million. Ryan shows you exactly how he structured this deal so that instead of putting down the £200k that the vendor was asking for, Ryan only needs to put down £50k.
This is called vendor financing. Ryan also shows you how to raise the £50k, so you get into this deal for nothing when structured correctly!
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