#11 Buy a horse you already know
Many riders go on to become horse owners after sharing or loaning a horse. However I am not talking about loaning with a view to buy here, as that is something very different. But a rider that has been financially contributing to the upkeep of someone else’s horse for some time, without the sole intention of ever buying it. Usually however, it is common that when such an opportunity arises, the sharer advances into horse ownership. This would actually be the most recommended path to horse ownership in my humble opinion. The rider would already be aware of the horse’s personality and level of training, experience and confidence. They should also (hopefully) understand the work and cost involved in the upkeep of the animal. Experience would have been gained in dealing with the farrier, dentist and vet, and of course the animals dietary and exercise needs.