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Whiskey, Tango, Foxtrot | The FSA program can help. We are in the process of using them to help finance a piece. With the better interest rate, the annual payment is not much more than it was with conventional financing with a 35% downpayment. Having to only put 5% down has been a real help to us, as it would with most younger people who are always short on cash. It is slow and requires a lot of paperwork.
Unless a guy is buying to property right however, I don't think this is the time for a younger guy to buy. Our deal has been a long time in the making, so it isn't really reflective of what is happening elsewhere--but I get the distinct feeling this is the top of the bubble. | |
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New Farmer wanting to buy land...
