How I’m buying farmland with a USDA loan

preview_player
Показать описание
I used to think you had to buy land for all cash in this country. I was wrong! I’m using a USDA loan to secure this farmland in upstate New York, and will be disclosing the loan details, price, etc. all of it once the deal closes! We’re getting there.

Рекомендации по теме
Комментарии
Автор

Let me know what else you guys want me to cover in these videos! Happy to bring you along.

AlexandraFasuloBiz
Автор

Warren Buffet said something like he'd spend his entire net-worth to buy a minor percent of the farmland in America. I made buying a farm a personal goal after hearing that. This is a great idea and very inspirational! Best of luck!

old
Автор

You can also qualify for USDA loans for residential homeowners. The only stipulation is that the house is in a "rural" area, but that can often be as simple as being 1 foot outside of the "City Limits" in the suburbs. Zoning is the #1 issue, but there are many programs to help home/land owners and the legal definition for a "farm" is quite simple and easy to qualify for. Where there's a Will, there's a Way!

KarlKarsnark
Автор

Here in Turkey, I have 2 seperate farms like this. I rent them to someone but since I live in a different city, away from the farm, it doesn’t bring a good amount of money. My advice to you, you should be there yourself doing most of the work. I’ll be following your journey. Good luck!

gurerguncan
Автор

Congratulations Alexandra, I am really excited for you and your new adventure!!! I'm looking forward to following and learning from your journey! 🥳

sharonfarina
Автор

You GO Girl! So refreshing to see a smart young lady putting a plan into action. #Godspeed

CALBBB
Автор

New subscriber! This is amazing and you're right not many talk about this!! I grew up around farms. I have been adding to have one but just don't know where to start. Now more than ever, since my husband was talking about how there are so many farms being turned into housing, it's like a fire's been lit. I need to farm lol. I'm in an apartment now and have small plants out, growing veggies! Thank you for your sharing! I will be on the newsletter too!!!

carlettasantana
Автор

Congratulations! I have been working my small farm in Oswego County using organic, regenerative, no till techniques (saves a lot on machinery costs!), and it's a wonderful way to live. Best of luck!

timmoshier
Автор

You are amazing for doing this! Supporting you and learning from you!!

mikeymex_kinda
Автор

i'm in the same boat. i have a meeting tomorrow to start an apprenticeship for this season and transition into farm ownership for 2025. ownership includes all farm equipment and leased properties, greenhouse logs, mailing lists. I'm very excited and willing to take this risk for the biscuit LOL. good luck to you girl <3 i wish you nothing but the best. I used to work for the USDA if you have any questions please let me know!!

NicoleMolloy
Автор

I have been doing USDA loans for people since 2001 and it is a great program

ScarySpots
Автор

I’ve farmed for 30 years and i can tell you that the cost of land where i live is so high that no one can make money to pay for the loan by farming it.

TrevorStruthers
Автор

Thank you for doing this and sharing.

Regarding criticism... at this point in my life, criticism is my biggest validation!!
Go for it girl! You know youre on to something!

RussellHumes-si
Автор

You're awesome ☺Your new project is a perfect idea and it's just what is needed in this country and around the world. I just subscribed to your newsletter. I'll definitely be following your progress; and saving my money for a down payment for the purchase of my own land in the Pacific Northwest. Thank you so much. 🤗

gusmore
Автор

Hope you’re still making it work.! Have you looked into farm co-ops? Locals buy into your farm and you provide weekly falrm goods; vegies, etc. It is very hard work, but you seem determined and have a tough girl attitude. I applaud your spirit. Farming in upstate N.Y. is not easy. (aka. Short seasons). Keep going

christopherstevenson
Автор

What you want to do sounds admirable. Good luck with the “zero chemicals” part! For my family just trying to grow a few tomatoes in our backyard is so difficult, the bugs and critters just get to them before we have a chance. So I can’t imagine at a larger scale… again, all the best to you!

TaboraMusic
Автор

“You have to meet your destiny halfway.” Wow…truly a pearl of wisdom. Thanks

johnpacella
Автор

I’m actually interested in buying land and renting it to farmers. Can’t wait to see what you do with this.

dpragain
Автор

Thank you for this video! You're doing exactly what I have in mind to do. It's sad that for someone like you who has the vision to do something big, or small, but something that most people have no idea how to do, they are so quick to tell you you can't do it and put their own limitations on it. Subscribed, excited to see what you have in store, thank you!!

vitaminbp
Автор

It has been around for awhile! Glad you got it! Enjoy the land!

kenk