Creative Financing: Solving Seller's Problem

I do want to talk about what you led with, which was, hey, this was creative financing, or in other words, this was seller financing. Can you walk through the terms that you locked in, like interest rate, term length, amortization?

The key to creative finance is you're not solving a you problem. Like my problem was I didn't have money, but that's not— you get terms accepted when you solve a problem for the seller. And so every single deal, we solved a different problem. But just, just so you know, that's the cheat code is figure out what they're trying to do. And if it's not conventionally financeable for any reason, solve the problem, get the real estate. What we what we were solving here is they've been trying to sell this for a long time. It was a mom-and-pop run. So they live on site, mom. So we're taking this from live on site to run as an actual business with employees without us being on site. When a bank looks at that, they're like, okay, well, this model's untested. The resort, the books are difficult to track. And they had run this thing with zero marketing budget and they owned it in cash. So they never needed to maximize what it could do. So there wasn't a great story to take this to a bank at that time and get a bank loan. Mm-hmm. So it had to be seller financed, uh, to Pull off the deal.