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Land Prices???
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Itchy
Posted 8/26/2013 20:30 (#3290950 - in reply to #3290905)
Subject: Re: Land Prices???


SW Iowa
What about an inherited farm? or inherited cash? casino winnings? or 1031 exchange? all sorts of ways to get into that 2 mil farm along with scrimping, and saving for years and years to have enough for the down payment on a big mortgage. And, if you have made 3 mil a year for a while, chances are you have saved up enough to buy it outright. The purchase price (2 mil) is what it is. All sorts of different ways to get into it.
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