Great advice that was the same advice given to me. Our place is paid for and we are completely debt free we also bought in the mid 80s. We took a fixed rate mortgage stretched it over 30 years and was able to pay it off in 12. Tony
Re: crash course on land buying (long post) in reply to Tony Vidlak, 12-12-2012 04:23:20
Same with us. We would've had it paid several years ago... but about 5 years we tiled the farm in order to rent it out - because renters need to be able to show up with equipment and get their work done in day. But we will get to debt free in a few short years anyway.
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