- Jun 8, 2019
- Reaction score
- East TN
I had some friends several years back that ran about 1,000 head. They'd buy opens and get them bred. Usually they'd generally sell in groups of 20 or more. They did pretty could for allot of years then broke up the partnership and got out. I think what made it work was they just had a revolving loan that they only paid interest payments on. This kept cost down.
I see. Im scared of debt. Oh so very scared of it. So far I've not had to borrow money on cattle. If I can hit a lick with these grass finished steers this summer and/or selling the breeders, very well could be some starter money's. That's what I'm hoping for anyways.