Posted 2/21/2009 22:08 (#617950 - in reply to #617424) Subject: RE: The cost of money.
So. IL
If I understand correctly the existing owner is essentially waiting for payment in full.
If that is the case I would anticipate that a fair rental cost would be the monthly interest on the amount of money agreed to in the selling price. The two of you you just need to settle on an interest rate.