Do you LOE? If so, well done! I am working towards joining you one day.
As an equity farmer, I'm sure that you would allocate a little time each month to "hoping for the best and planning for the worst". This probably involves a spreadsheet with a number of variables including interest rates, growth, etc.
My question relates to your assumption of how much finance will be available for you in the absence of a 9-5 job. Do you assume that you'll be able to take out 80% loans to top-up your lines of credit? Or, perhaps you assume that 70% no-doc loans will be all that's available?
I've been developing my spreadsheet with consideration being given to all variables and assumptions (conservative of course), and I'm looking for some guidance regarding this matter of finance and, therefore, liquidity.
Thanks in advance - Ben
As an equity farmer, I'm sure that you would allocate a little time each month to "hoping for the best and planning for the worst". This probably involves a spreadsheet with a number of variables including interest rates, growth, etc.
My question relates to your assumption of how much finance will be available for you in the absence of a 9-5 job. Do you assume that you'll be able to take out 80% loans to top-up your lines of credit? Or, perhaps you assume that 70% no-doc loans will be all that's available?
I've been developing my spreadsheet with consideration being given to all variables and assumptions (conservative of course), and I'm looking for some guidance regarding this matter of finance and, therefore, liquidity.
Thanks in advance - Ben
