How To Buy A Multi-Million Dollar Business With $0 Down (Full Guide)

TL;DR

The speaker (a business buyer) asserts that anyone can buy and operate a small business with $0 down by using a seller’s note (seller financing) combined with a bank loan, treating the entire process as a pure numbers game.

Key insights

• A seller’s note is a form of financing where the seller acts as the bank, receiving payment over time (e.g., 25% of purchase price paid later) rather than all cash at close.
• The speaker bought a multi-million dollar business using a 25% seller’s note and a 75% bank note, with no personal cash down; his only asset at the time was his car (a RAV4).
• To make $0 down work, the speaker had to find banks that viewed the seller’s note as equity for their internal ratios; most bankers had no idea how to properly evaluate these structures and simply acc