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n. Illinois | Congratulations your in great position to do either one.
If you sell stock to pay all in cash what does it do to your liquidity position?
Consider selling some stock to pay for part of it and financing part of it based upon a 15 yr mortgage and have a mortgage payment not exceeding what a reasonable cash rent would be on that ground; this allows you to keep some liquidity in place and the farm will always be able to cash flow itself without subsidizing from other sources of income. This also allows the next generation to help pay for the purchase of the farm over time.
good luck
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Buy the 160 close to home --sell stocks?
