| doggone - 3/30/2024 14:38
Use the $600,000 from FSA, go to bank or Farm Credit for guarantee loan to go with the FSA. Also banks and FSA do participation loans. In Minnesota the RFA funds available from the state of Minnesota. Find a knowledgeable Farm loan officer at your FSA office. I never had any idea how types of loans are available from FSA until my wife went to work for them.
He still has to make the payments.
As stated above, $15k land has $900/acre interest alone? If that’s correct, how does one make the payments on 300 bought acres farming 500 total acres without some serious outside $$ to make the payments every year? |
How can a young farmer afford ground?
