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Harlan, KY | I was lucky enough two years ago to be able to purchase some farm land, what looked expensive then, now looks fairly cheap in the grand scheme of things, but I still owe a hefty amount on it.
This is my first, but not the last farm ground I wish to buy, my question is, what should my goal be right now to be in position to aquire more later? Should I be trying my hardest to pay down the principal on the loan? Or should my goal be to have as much cash in hand as possible to put down on another parcel in the future making minimum yearly payments and investing elsewhere?
Edited by inotill 9/26/2007 13:26
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Paying down land
