Creative Ranch Financing - Posted by Michael Upchurch
Posted by Michael Upchurch on October 09, 2003 at 04:45:00:
Looking for advice on Financing Timber & Hunting Ranch.
How can I and my two sons bring in investors to purchase
the ranch, and they recieve income from timber sales and
hunting leases until they have made their profit, then
ownership going to us.(I know this would take 15 or 20
years.) I myself have bad credit, no money for down pmt.,
and no money for ranch payments or operating expenses.
No owner financing avail., 4200Acres in East Texas in
managed Pine and Hardwoods. Good income from Timber sales
and hunting leases. Trying to work out a plan where my
children would eventually own the ranch.(I’m 53) My two
sons and I would work on the ranch and manage it.
All suggestions are welcome. Thanks