|
SE IL | I would say none, especially with more welfare on the way. In the couple counties around here land sales are still setting new record highs, and by a sizable margin. Coup mentioned equity above, but my question is how much equity is there/should a person use? Land has doubled here since 2019, do you use current land values? 2019 values that probably wouldn’t cash flow with current interest rates? I do wonder if there are many 5yr notes on cheaper interest that will soon be resetting at close to 2x. | |
|