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Jeff's magic money machine (midwest.social)

submitted 4 months ago by [email protected] to c/[email protected]

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[–] [email protected] 4 points 4 months ago (2 children)

Easy, buy up a bunch of land for conservation

[–] [email protected] 1 points 4 months ago (1 children)

Property can take a while to close

offer to title in under 30 days is on the quick side.

Of course, you could probably close very fast if you offered 100M cash on a 10M property...

[–] [email protected] 1 points 4 months ago

If you're buying vacant land and paying cash, you can close really quickly as there's nothing in need of inspection, and loan processing times aren't a factor... I have a buddy who just purchased 100+ acres of vacant land from a logging company. He paid cash and was able to close in just a few weeks.