Thread: Boat Financing
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Old 08-13-2012, 10:21 AM
Smoke Shack BBQ Smoke Shack BBQ is offline
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Join Date: Apr 2012
Location: River Ridge
Posts: 52
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Quote:
Originally Posted by "W" View Post
If you have 20K invested....go ahead and cash it out (pay Taxes twice) and use it .....

the banks money is just fine a cheap interest....Ask many Millionaires
Do you really think a millionaire is going to finance a 60k boat? The less debt you have the more willing the bank will be to loan you money for future ventures. "Cents" you don't own a business you wouldn't know. You may once Figure 8 Charters gets off the ground.

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