Posted 1/6/2021 22:32 (#8729575) Subject: Buy ground or no?
Looking for 2nd opinions on my situation. Say my dad has about 15 years at most left in him, he owns 800 tillable acres, I'm up and coming and only have very little rented ground of my own. The problem...... none of his is paid for. We've been a little unfortunate with a few bad people involved in our farm over the years. Anyways, if I'm essentially going to inherit a LARGE amount of debt, should I even entertain the idea of buying some of my own ground in addition to that or is that a terrible idea? I've been chewing on it for a while now.