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East Arkansas | The last couple I have ran through farm credit on a 15 year fixed rate if around 4.5...I talked to Rabobank and a couple if others who run them on 30 year notes.
I like the 15 year as long as I can swing it...from the beginning you pay way more principal than interest from the first year on but it does make for a big payment.
I farm a lot more than I own so I subsidize it a bit and build equity fast but was wondering how everyone else looks at it... | |
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How do you structure your land deals?
