Lending Money to a Family Member?

I am lending money to a family member. Do I need a mortgage? Today’s article was prompted by a question from the general public. A lady called the office and said: ‘I am lending money to my son to buy a house. I am considering downloading your mortgage precedent –...

Why Vendor Finance is a Bad Idea..

A client recently told me she had learned about vendor financing in a business seminar. One of those seminars was spruiked by slogans such as ‘build a business empire with no money down’.In my experience vendor finance almost always backfires. Here’s why. Purchasers...