This crowdfunding org first had a couple of properties (an apartment and a commercial property) - but couldn't get investors interested - however they are now in the game with a section...
100 investors put in $100 for a section purchase price $103K. They hold the land for 3 years, sell and split the profits.
Questions:
cheers,
Donna
100 investors put in $100 for a section purchase price $103K. They hold the land for 3 years, sell and split the profits.
Questions:
- How much will it sell for in 3 years time?
- How much profit per investor and is it a better ROI than other investments?
- Is land banking subject to the Bright Line test?
cheers,
Donna
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