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Updated over 1 year ago,
Creative invest solution
Hi, I'm hoping that someone in here can help me out with some strategies. Here is my situation, there is a 40 acre tract near me that I want to buy. I don't have any equity left in my other home to use because I used it to buy the tract next to the one in interested in presently. So, I was thinking that I can take a separate loan out for the tract then lease it to pay for the mortgage. I'm just not sure who I can lease it to yet (farmers, other individuals). But, for anyone who has a knack for creative strategy let me know what you think if there is another option/route for me to take. So far this is what I came up with. But, I want to hear another critical thinker with their creative strategy thoughts. Message me with what you got. I'm open to phone conversations as well.