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buying cattle
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<blockquote data-quote="Beefy" data-source="post: 36873" data-attributes="member: 57"><p>I got a beginning rancher type loan back in may from the FSA office. borrowed $28000 to buy 82 heifers at i think it was 3.65% interest. anyway, payments are like $4600 spread over 7 years but i'll probably pay it off in 2-3 years since i had planned on selling about 30 of them once they gained some weight anyway. i plan on moving them this month or next. toying with the idea of buying some pairs in their place..i should at that interest rate.</p></blockquote><p></p>
[QUOTE="Beefy, post: 36873, member: 57"] I got a beginning rancher type loan back in may from the FSA office. borrowed $28000 to buy 82 heifers at i think it was 3.65% interest. anyway, payments are like $4600 spread over 7 years but i'll probably pay it off in 2-3 years since i had planned on selling about 30 of them once they gained some weight anyway. i plan on moving them this month or next. toying with the idea of buying some pairs in their place..i should at that interest rate. [/QUOTE]
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