- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
re: Has anyone here financed raw land with low interest?
Posted on 7/24/22 at 9:00 pm to Im4datigers
Posted on 7/24/22 at 9:00 pm to Im4datigers
I wouldn't plan to convert it to any other kind of loan. Its just pulpwood land that was cut two years ago and replanted. I can afford the down payment and principal payment on a 30 year loan but 6% interest would double it. I just wanted to see if anyone had some ideas that I hadn't thought of.
My current situation is good. I own my home and other land I bought in 2017 and have no debt except for my wifes car ($30k).
With a recession looming I don't want to do anything too risky especially since it's not necessary.
Whats your professional advice?
My current situation is good. I own my home and other land I bought in 2017 and have no debt except for my wifes car ($30k).
With a recession looming I don't want to do anything too risky especially since it's not necessary.
Whats your professional advice?
Popular
Back to top
Follow TigerDroppings for LSU Football News