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Looking for cows on Lease to own
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<blockquote data-quote="TexasBred" data-source="post: 876164" data-attributes="member: 6897"><p>Just like qualifying for any other loan. Income, past payment history, down payment.... in short it's called "qualifying". Apparently in this case the bank either does not think he qualifies OR they are making excuses not to make the loan under any circumstances. Owner financing or leasing is always a viable alternative. Sometimes you pay a bit higher interest rate to a lender willing to take a bit more risk. You're in the oil and gas business....surely you understand risk -vs- reward.</p></blockquote><p></p>
[QUOTE="TexasBred, post: 876164, member: 6897"] Just like qualifying for any other loan. Income, past payment history, down payment.... in short it's called "qualifying". Apparently in this case the bank either does not think he qualifies OR they are making excuses not to make the loan under any circumstances. Owner financing or leasing is always a viable alternative. Sometimes you pay a bit higher interest rate to a lender willing to take a bit more risk. You're in the oil and gas business....surely you understand risk -vs- reward. [/QUOTE]
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