Posted 1/26/2020 12:27 (#8001387 - in reply to #8001244) Subject: RE: preliminary 2019 financial results
southern mn
My loan officer liked to leave the value of land at the price I paid for it + any improvements, ie tile , instead of marking it to market price each year . So 300a @ 2500 =750,000 where 300@ 8000=2,400,000 not quite 15x but 3x