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Boat vs. land investment. Cig for sale?


Boat vs. land investment. Cig for sale?

Old 10-19-2021, 11:32 AM
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Default Boat vs. land investment. Cig for sale?


ive got an opportunity to buy my neighbors 60 acres under market value. in an effort to keep developers away from our quiet 40 acre ranch Iím thinkkng about selling my Cig...

1989 20th anniversary Kevlar Hull, notched transom, full cabin.

Merlin 588ís (190 hours)
- mooneyham 8-71 from TBS
- all new fuel system this year
- 850hp each

Huber 1450ís (~80 hours)
Fresh 3A drives (Collabella built last fall ~ 10 hours)
B-Blades 32pitch 4 blade #6

Myco HD trailer painted to match.

Call if interested, always stored dry, kept in shop or on lift.

Ready for KEY WEST! Located near Dallas Texas.

Boat is ready to go with all fresh oils and fluids.

I have 100ís of pics and videos. Boat is a serious head turner and gets complemented everywhere we go. Hate to sell it but I canít swing the land purchase without liquidating. Title in hand.

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Old 10-19-2021, 11:46 AM
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Tough decision indeed but I agree with you. Cool colors on the cig, GLWS!
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Metalguy38 (10-19-2021)
Old 10-19-2021, 11:56 AM
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Sweet boat! Market is good now if your gonna sell, now is time.
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Metalguy38 (10-19-2021)
Old 10-19-2021, 12:57 PM
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There's always another boat, trust me I've been without one for years but my obligations are done and I'm saving for another. Take the land and the potential appreciation $$$$, a no brainer
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Old 10-19-2021, 03:04 PM
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I agree. Still very torn though and not sure what my asking price should be. Iíd really like to see it go to an enthusiast/collector with an option to buy it back in a year or 2.

We literally just just moved into our new home and built myself a 4500sq ft shop on 41 acres. We moved here to get away, and now itís under seige by a multiple developers. Rumor has it one builder has presented plans for 60 homes on the ground. Yikes
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Old 10-20-2021, 05:39 AM
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Keep the boat and figure out a plan B to buy property......Sweet Boat looks Cherry condition.
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waveryd (10-23-2021)
Old 10-20-2021, 07:45 AM
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You better jump on that land.
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Old 10-20-2021, 08:47 AM
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Buy the land, if anything you could sell it in a few years and buy another boat.
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hoodoo (10-20-2021)
Old 10-20-2021, 09:21 AM
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Look into an Agricultural Finances company, and see if they will mortgage the land for you.
I have worked with https://farmcredit.com/customers/rural-homebuyers in the past.
At the time, I held the title for my truck, and put that up for collateral. That was a while back, and things have changed; but it's worth checking out.

If it's farmable land, you may find a farmer that could private finance the land for you, and his interest could come out of what he produces.
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Old 10-20-2021, 10:27 AM
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BUY the land...you can't pick your neighbors but 60 neighbors will DEFINITELY want to tell you what you can do on your land. Down where my parents are, a small subdivision was put in and the new occupants went to the town to stop the train from whistling at the intersection - phk'ing ridiculous - reason being, it "disturbed" the quiet country life.
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