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re: Buying into a company (Long)
Posted on 7/23/14 at 10:43 pm to JakeMik
Posted on 7/23/14 at 10:43 pm to JakeMik
A bank will not touch this and won't lend you money for your current business strategy.
Sounds like your aunts and uncles are getting a free ride. If the company is profitable, seems that you would have to pay them a higher premium than what their shares are worth currently.
If you can't afford to buy one out, you have a long road ahead unless your dad has the means to step in on your behalf and "buy them out".
Sounds like your aunts and uncles are getting a free ride. If the company is profitable, seems that you would have to pay them a higher premium than what their shares are worth currently.
If you can't afford to buy one out, you have a long road ahead unless your dad has the means to step in on your behalf and "buy them out".
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