Short term finance to buy and then sell land - is it worth it?

[albanga]

Hi albanga,

Worst one would be selling at a loss in 10 months time. I can't imagine it though considering the current state of the marker. Anyway, let's say -5%.

In a good case (not the best one) I'm thinking at least 10% profit would be quite achievable.

Given that I think its an absolute no brainer. Sell the land.
There is far to much risk and trouble for a potential small profit but more so a chance of a loss.

 

[Evgen]

Do you mean pull out of the land, right? I think it's the only right option considering the situation.