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Paying down land
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Chip
Posted 9/27/2007 18:02 (#210737 - in reply to #210064)
Subject: RE: Paying down land


If you are in a 'security' model, pay it down as rapidly as possible.

If you are in a 'growth' model, pay it down as slowly as possible, and use the cash flow to buy more land, or other growth.

Depends on you.
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