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 - Two-Brush Generators - by Chris Pratt. Whether for product liability or because the aftermarket parts and labor business is lucrative, this concept is disturbingly prevalent. Fortunately when you step into your shop and make that jump 50 years back in time to work with your old tractor, this concept goes out the window. Even so, when it comes to the charging system, people quickly revert to this idea and start replacing the major components one at a time until it works. The reason you don't find any decals in your replacement set wit
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