Monday, December 06, 2021 1:32:28 AM
if they hedging the land towards the construction loans requirements, 20% 30% have no idea how the are financial construction loans...
At $1.8m to $1.9m All in, and $3.3m appraisal with $4.25 asking price.
I have no issue with dilution raising the cash to purchase a lot at around $400k from what I see.. if that $400k in land is the % requirement of the construction loan company. So, at $400k,, dilution builds $3.3m home appraised value. Thats a 8x , yes 8times the $..
Do the math,, period.. anyway you drive this company,,, its UNDERVALUED..
ITS TRADING A TENTH OF IT VALUE.
A. TENTH!@@@#$#%^^$^#
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