OK Well as some of you who are connected through Facebook know Im doing a career change soon and moving to the Wild Reaches of Redneck-Ville Alabama.... I am going to be Buying out my Grandfathers Self Storage Warehouse business and retiring my Badge and duty Sidearm. I think its going to be a lot less stressful but more Labor intensive..... But I will be my own Boss and make my own hours.
Anyway I am taking out a $500K-750K loan to purchase the business, so this is one time where I want to get things right. I will have NO CREDIT once this loan is complete and cannot afford to mess it up. I want to buy a 3d printer and have it rolled into the loan for the property. I am able to get the property for cheaper than the loan and should have money to buy one.
Without getting TOO personal about my finances here is my plan:
1)Get 1/2 million dollar loan (actually this SHOULD be EASY, 3/4 should not be)
2)Buy property and business
3)Have leftover money to buy Harley, 3D printer and put several $$ into petty cash for operational expense.
4)...???...
5)Profit...
Now here is my dilemma.... I need a GOOD quality printer that can print out in either Wax or ABS plastic (I think Wax is the best for our applications??) and come with all the software needed to run OR have it readily available. This is drivers and 3d rendering software. Is this something "ready in box-plug and play" or something I should build myself part by part??? This would be used for prototyping parts for miniatures and I would basically hook up anyone on here for cheap, so quality is more important over lowest price. Also Im kinda dumb so ease of use is pretty important to me also. SO people..... Pitch me a machine.
** disclaimer All of this is provided I get BANK financing and "buy out" write in on the approval letter. If I do not for some reason, I still buy out my grandfather but do it as a Owner financed option Meaning I have no extra cash, but make percentage payments from the profits earned. I would still like your input (aka your dream machines) as Even if its owner financed I still can save my pennies and purchase it sometime soon- being in a year or 2....