Posted 11/30/2015 07:53 (#4928314 - in reply to #4927562) Subject: Cash deal?
SW Minnesota
I've always understood a bank will not take an undivided interest in Real estate as collateral. Do you have that much cash or land that you can tie up for the purchase price? The discount may be fair but what's the point if you can't finance it.
What is an undivided half interest worth?
