Kooiker - 6/27/2025 23:28
ricefarmer14 - 6/27/2025 18:52 I do wonder tho would you rather own 1000 acres with no debt or 2000 with 50% debt against it?
Probably matters most what value you're using for 50% equity and 50% debt.
In the land of $20k+ farm ground. If you have 50% debt against 100% of your lands current appraised value, you're going to be fighting to stay afloat.
In that scenario, I'd much rather have 1000 acres with no debt and be farming with very little financial stress.
Well Heeled operations from below
