central - east central Minnesota - | redsteel - 12/9/2015 17:48 Really? Have you looked at his financials? Nope, and really none of my business . . . . . Simply pointing out what OP wrote, asking for opinion ~ " She is going to be pulling in $40000 per year income, plus health insurance. We have been living decently from our on farm income " and "My 1 year plan is to get my acre staked off, then hopefully within the next 5 years pull the trigger on construction" Based on that little tid bit, OP included, a financial analyst (which I'm not) would draw realistic conclusions ~ Yes, much, much more financial info will be necessary and most banks want a home separate from other farmlands/buildings, when financed. Who knows, in 5 yrs, he may have 200,000 saved up from wifes off farm income ? But - May as well explore reality, since OP asked . . . . . . . . .
Edited by iseedit 12/9/2015 18:14
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Thinking of building a house...
