How do I arrange creative low interest financing for a partnership buy in?

I own an submit to become a partner within a successful business that net $150k per year. I entail to put up $550K in a minute or $375K presently and $375K subsequently when the other partner retires. There would not be satisfactory twelve-monthly lattice return to wage both partner's wages and a loan fee on $375K or $550K at an 8% commercial loan rate for eight years. I hold $800K currently surrounded by an IRA that would be tax importantly plus penalize at a 10% rate if I be to use it. How do I creatively finace or leverage my IRA in an application to buy within?

Answers:
can't you borrow against the IRA and be off it where on earth it is?
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also some times, the vendor will lend against their adjectives revenues.

check out some books on creative
ways of buying businesses; some in need using any of your own lolly!


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