I would highly advise that you partially finance as the bank will make sure the funds, transfer, title goes smoothly and make sure you have 5 to 10 grand saved for those surprises. The bank also has preferred surveyors to use, can help with the value/offer, and its always great to have a third party to blame things on. Hey, I want to buy the boat but the darn bank!
You can pay the loan off early if you want to. You can get a loan to buy the boat but you can not get a loan to remodel and/or repair. So do not run out of money.
Good advice is in abundance here.
Adelie, my husband and I are now studying your boat recommendations!