The guy's got some serious property net worth, but not much is liquid and he's wanting to start cashing some of it in and retire.
I really think he got caught up in the cheap loan debacle the last decade and borrowed on a lot of his properties to buy others.
He kept talking about loans and financing, how he could help me get the building, blah, blah...
I told him that wasn't nessesary that I'd write him a check right then if he'd get reasonable on the price, his mouth dropped open and he then started talking about how he might could restructure his loan. So I got him thinking anyway.
Just have to wait him out and see if he bites.
Oh, I talked with a buddy that races locally and he's interested in renting a bay or two from me for his equipment.
That would pay the taxes and utilities
