Columbia Basin, Ephrata, WA | tmrand - 2/17/2024 18:11
Farmers National CO..............$825/acre. Cheap...........I realize for most. But I dare anyone to come here and make it work. At 4 to 5% interest I would've bid that. Not at 8%.
I’m starting to think wind towers are the only thing that’ll make cheap ground purchases work at 8%. The mortgage payment on my cheap ground is big enough at current wheat prices even with the effective 2.7% interest rate we’ve seen lately. |
This article doesn't scream they all paid cash"
