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 - Sunday Drives - by Cowboy. Summer was finally upon us here in Northern Maine. We have two types of industry up here, one being "Forestry" (Wood Products) and the other "Farming" (Potatoes). There is no shortage of farm tractors and equipment around here! I have been restoring old Farm Tractors for the past 6 years, and have found it easier and less expensive to hit all the auctions and purchase whole tractors for parts needed. My wife who works at a local school, and only has weekends and summers off, while on t
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