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SE wisconsin | The equivalent in farmland is a lease back. Rather than a monthly payment, they make the up front payment and take possession right away rather than at the end of the term. And rather than discounting the property value at the end they allow you to lease back the property every year. Both the lease back and reverse mortgage net the same for both parties in the end. And in both they are designed to generate cash flow by withdrawing equity. Both mean you will have no equity upon death. The death in the leaseback is probably of the business and will probably be premature. | |
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Reverse Mortgage- why do one?
