Posted 1/29/2015 19:16 (#4348070 - in reply to #4347946) Subject: RE: How do you structure your land deals?
Cambridge, southwestern Nebraska
I like around 20 years or less. It seems if you go longer than that the payment isn't much lower and you end up paying a lot more interest for the extra 10 years. I've always done annual straight line payments. Mostly interest at first but I could seldom make the payments any other way with making the same principle payments plus interest every year.