Buying Land

[Gut Shot]

That is a good point but even in those scenarios, most of the time it won't make sense unless the terms of the financing are favorable or the production is. In our scenario here, the production isn't very favorable so it would require one heck of a financing deal (or not financing any or most of it).

Agreed. In fact, the OP would need quite a large down payment for a bank to even consider going into business with him. I think the guys speculating on how much the land will be worth in X years are looking at this as a personal investment. I'm looking at it as the OP is going into business, the ground is the asset that makes the business money.

 

[ewludwig]

View attachment 367004

Insightful