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NW Missouri | I guess I don't understand why a mortgage with the government makes you nervous. They'd be less likely to call loans and slower to react than a bank.
What I came here to say though is that you don't have to mortgage land. You can use an Irrevocable LOC from a bank instead of a piece of ground. I'm sure that wouldn't be free, but you could pay a little to set that up and avoid putting ground up for collateral while still getting the cheap FSA interest.
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Very nervous about building a bin
