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Tractor Talk Discussion Board

Re: Can it be done? Farm purchase


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Posted by davpal on April 23, 2008 at 08:46:25 from (216.93.94.129):

In Reply to: Can it be done? Farm purchase posted by wanttofarm on April 22, 2008 at 21:39:10:

Kind of hard to give you advice on this one. We really don't know your financial situation. Honestly to some people $750,000 dollars is nothing and to some it is all the money in the world. For me it is pretty much all the money in the world so I wouldn't even think about it or lose sleep over it. I see people paying over a million dollars for a car on Barrett Jackson auctions all the time which also seems crazy. To the new owner it was a drop in the bucket. If you have a substantial amount of money and you want to go play on some crops and enjoy the woods and maybe put up a house then go for it. If you are just thinking about trying to pay back $750,000 dollars on a whim run as fast as you can. You better be making upwards of $200,000 dollars a year to even be at the auction. Good luck.


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