Should I buy a house first, or a business?

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Should I buy a house first, or a business? more»»
Dear FSB: My friend and I are planning to buy an existing business. My friend owns a house, but has no equity, and I'm in the process of buying a house. Will purchasing one affect our chance of getting a business loan from a bank? What would be best - to buy a house first, or buy the business first?

Fri Apr 04, 2008

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