I've been kicking the idea around of expanding, but nothing has come up that I really like.
So while I wait I've wondered whether I should pay off my current place and use it as collateral when I find another place
Or keep cash on hand although I'd still need to borrow 25-50% to make the purchase.
From a bankers standpoint which looks more appealing ?
Paid for land as collateral or 50% vested
Say cash and paid for land being equal value
So while I wait I've wondered whether I should pay off my current place and use it as collateral when I find another place
Or keep cash on hand although I'd still need to borrow 25-50% to make the purchase.
From a bankers standpoint which looks more appealing ?
Paid for land as collateral or 50% vested
Say cash and paid for land being equal value