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10-09-2019, 01:34 PM #1
- Join Date
- Dec 2014
- Location
- NYC/Florida
- Posts
- 86
UPDATED POST: Farm makes 2MM a year needs 150-250k. Farm land appraised at 1.5MM.
NEEDS 150k
Land appraised at 1.5MM, owes 500k on it. Located in North Dokota.
His credit is around 475
He owes his supplier under $100;000
Money doesn't go in Bank Account, goes directly to supplier.
He does around $1,8 m in business a year, which is shown in Tax Returns, but not in Bank Statements.
Farm has been in family 100 years
Has equipment worth over $500,000 has appraisal on
Also getting farm money from government soon
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