Next step is getting a pre approval letter.

They get summer traffic from the Dells overflow and in the winter the Cascade Mountain ski/sled hills are there.Good luck!

They also allow the seller to get a higher purchase price.If they want $25k for the land if it’s cash up front, they could easily get something like $12k down + $400 a month for 5 years at a 10% APR for an owner-financed sale.

Obtained a “pre inheritance” from their aunt7.

Let's say you lend someone 100k at 11% APR, interest only payments and you charged them 2 points. 

The skiing is great and I would think the CoC returns would be great.

IN 2005 there was a builder in Vancouver WA who got over his ski tips and built 25 duplexs all at once but only sold 5 in 6 months and their bank was hounding them..

This protects you in the deal if the home appraisal is low or a home inspection finds major issues with the property.Have your finances in order with either a pre-approval letter or cash to buy the home.

Of course have no clue to his background in RE but it seemed to me on the surface this was a new venture for him and it certainly looks like he got over his ski tips.

These clowns are so desperate to catch a sucker, they probably waste 90% of their time having conversations about how to invest and just keep trying to push them into their market when the person doesn't even have money or a pre-approval.