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Buying Land
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garywi
Posted 1/9/2016 07:15 (#5022634 - in reply to #5022475)
Subject: RE: Buying Land


franksville wi
Looking at post found reasons not to be to specific about your operation but as far as land goes every lending institution is different. If you have been with someone for a while they may be willing to work with you but if you are not in really good standing it may be out of your reach. Just remember also that you need large down payment that at this years prices is hard to come up with without having money available in savings. You need to show good cash flow if you have been just making a go of it with good prices there is no way buying land at 6000 per acre will fly. Being organic you may qualify for some different loans that have government backing but you would need to do a lot of leg work.
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