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2015 acres
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Clay SEIA
Posted 9/15/2014 09:20 (#4075385 - in reply to #4075379)
Subject: RE: You're assuming that .....



Big Ben - 9/15/2014 09:14
Clay SEIA - 9/15/2014 07:05

Newguy - 9/15/2014 07:15 Cash may be short, but there is an unbelievable amount of equity to be pizzed away before a major problem occurs in land not being planted .


Yeah, explain that one to the bank examiners.  It's probably not your local banker who is going to be the problem, it's all the crap going on behind the scenes that might tie his hands.   

If you have enough to start with, you don't need any banker's approval to pizz away equity.


Agreed- but those with all paid for dirt and a million bucks in the checking account are probably not the ones in question when it comes to a problem getting land planted.  

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