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personal question?
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Markwright
Posted 2/26/2013 13:09 (#2927611 - in reply to #2927550)
Subject: Re: personal question? just sell the 100 cows,


New Mexico
pay off the long term stuff...i imagine your paying down real estate.

Then go back in at some point ( your balance sheet gets better overnight) and borrow money on cows to buy another set of cows back.
( selling pairs or heavies now bring big dough. just come back in 30 days and buy summer calfers cheaper )

keep in mind your balance sheet looks pretty good after paying the other stuff off.

cows are a pretty attractive loan to a bank.

Then as you pay down the new cows, and if some close land comes up for sale, WRAP the whole deal and buy the land.

same scenario as your in currently pops in.
Once again sell the cows pay off the dirt etc..

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