| GrainTrader - 12/14/2025 08:11
I’d have land equity as collateral for some of it, but I’d also be in the market for another farm, so that land as collateral may not work in all realty if I bought another farm after.
This works well and limits nothing if you finance land and operating at the same bank.
Edit add: open end mortgages are perfect for keeping all options on the table. You do not need to give up old loans (with lower rates) to use the equity if done this way. New debts would be at new rates of course.
Edited by reformedbanker 12/14/2025 11:25
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Multi year operating loans? (Locking in lower interest) or a real estate equity line of credit?