As it's land you want, moreso than cash, I think inflation will be your friend. The cash you pay back will have diminishing value; the land will retain all of its intrinsic and utilitarian value. The fact that it's all in the family is another plus.
Back in the late 40s when my parents bought their land, cattle and equipment to start dairying, those $90 a month notes were tough to meet those first few years. That land eventually made them modestly rich, and I'm still benefiting nicely from it. The trick, of course, is to hang on to it. Best of luck to you all.
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Today's Featured Article - Good As New - by Bill Goodwin. In the summer of 1995, my father, Russ Goodwin, and I acquired the 1945 Farmall B that my grandfather used as an overseer on a farm in Waynesboro, Georgia. After my grandfather�s death in 1955, J.P. Rollins, son of the landowner, used the tractor. In the winter 1985, while in his possession the engine block cracked and was unrepairable. He had told my father
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