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A Guide To Land Banking
Land banking is a relatively new investment concept that allows smaller investors to own a piece of valuable land.
How does land banking work?
When large parcels of land are put up for sale, they are usually far too expensive for a single small investor. Land that’s in a good place for residential or business development is usually either bought by a land investment company or by a property developer. The owner then “banks” or holds onto the land until they are ready to...
Interest-Only Loans Can Buy More House and More Trouble
Interest-only mortgages have become so popular, they’re spreading like wildfire, but if borrowers aren’t careful they’re going to get burned.