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Andrew Giancola's Journey: Pickleball Facilities and Automated Finance
The Investing for Beginners Podcast - Your Path to Financial Freedom
Utilizing Seller Financing as an Alternative to Traditional Bank Loans
Utilizing seller financing allows for a 10% down payment and leverage with the previous owner holding the note, effectively becoming the bank. This approach eliminates the need to go through a traditional bank and enables the scaling up of the business. It involves a 50-50 split and a personal guarantee for the first years, creating an alternative structure for financing business growth.
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