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re: Financing for raw land
Posted on 5/8/23 at 7:25 pm to ThatsAFactJack
Posted on 5/8/23 at 7:25 pm to ThatsAFactJack
I financed through First South last April. I just got my first dividend check last month.
I had to put 20% down, financed for 12 years at 4.78%. My price per acre was so cheap, they didn’t even want an appraisal.
I had to put 20% down, financed for 12 years at 4.78%. My price per acre was so cheap, they didn’t even want an appraisal.
1
Posted on 5/9/23 at 8:58 am to Shabath227
quote:
had to put 20% down, financed for 12 years at 4.78%
I am jealous like a MoFo for 4.78%, but interest rates have gone to shite since then. I'll be refinancing once rates go down to 6 or below.
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