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Message
re: Buying Land
Posted on 4/26/12 at 7:01 pm to FunkyTiger
Posted on 4/26/12 at 7:01 pm to FunkyTiger
Yes, you will pay a higher interest rate. And I don't believe you can really write off the interest on your taxes on just a vacant piece of land.
1
Posted on 4/26/12 at 8:15 pm to guttata
You will more than likely need at least 25% as a down payment.
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