Quote: (10-19-2013 10:46 PM)paninaro Wrote:
Quote: (10-19-2013 09:27 AM)worldwidetraveler Wrote:
Yeah, already ahead of you. I am more interested in the bar paying off the building. I can sell the bar business later and keep the building for a rental.
Does the bar own the real estate also? So if you bought, you'd be getting the real estate and the bar business with it?
I ask because I was going to suggest you just separate the cashflows and look at it that way. Buy a business that generates X cashflow, use that cashflow to pay the mortage of Y on a property --- but not necessarily the same property.
No, they are separate and would stay that way if I purchased both.