All Forum Posts by: Josh Edge

Yes the fmv is 1.2 even in this market. 

I’m in a 50/50 partnership. Rural land in central texas. I’d put the value today at 1.2mm and debt is 200k. I plan to put it to my partner in the next year slightly lower than 1.2mm. I’m 90% certain she is a buyer at that price. In the event she’s not I’ll close and list it myself. I need advice on a good debt broker or bridge loan? It’s currently financed with capital farm credit. I haven’t spoken with them yet but doubt they offer what I’m looking for. I can bring 300k additional to the closing table if needed on top of my 500k in equity existing. What are my options? I can easily sell inside of 12 month. It’s highly liquid.