Quote:
Originally Posted by shuki
Propose this to him
$50,000
$15,000 down and finance the rest for him over 5 years.
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To risky. What if this guy's coffee company goes under and he's left holding the bag?
There might be a way through lawyers that if he doesn't pay the remaining balance the name gets returned to you, but the more you have to get lawyers involved the more expensive things are going to get.
I see what you're getting at, but IMO why take the chance.