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n. Illinois | Patience is the key word for you right now.
Do not do this deal. You do not have the financial ability to swing it just yet.
Be patient, Land values will come down as the cash returns to ground drops and the cost of capital goes up.
Land is a lagging indicator, We are still seeing purchases based upon the earnings of the last three years and low cost of capital.
Reality will be back soon enough.
Good luck and do not give up your dreams. | |
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Looking For Advice on a Farm
