What’s the best way as a beginning farmer to buy land or find land to rent?

Question

What are the best options for financing for land purchases? Loan options and how to build capital for money down? How about finding land to rent? I started this year running some corn on some family land and would love to grow to a more sustainable size. I have most equipment with no debt but don’t have much cash to put down.

Answer

best way to get land start calling and offering high dollar rent.  Not the best way if you want to have friends though.  Taking care of what you got doing all the little things to make it look nice will impress the old farmers because they know you are going to take care of there land the same way.  Then don't be afraid to let people know you are looking.  Newspaper adds are the easiest and spending time having coffee at the cafe you glean alot of insight.

Answer

FSA beginning farmer loans are an option BUT require time and a signed contract. Depending on your office and the time of year, it can take 2-6mo to complete the beginning farmer loan. So if you choose that route, make sure your seller is willing to work with you. FSA also has a program called TIP that works with expiring CRP land. The owner agrees to rent or sell their expiring CRP land to a beginning farmer (that’s not related to them) and in return they get 2 more years of CRP payments.

Answer

We just leased our first two farms this year. And we are buying another one this winter. I would say do some scouting this fall for land that looks rundown or overgrown, get onXhunt, and contact the owner of that land. I sent our probably 20 letters and got two farms from that. A lot of time land that's in CRP you can get once it comes out as the government isn't taking much of it back into the program, from what I've seen. We have about 1,000 acres coming out just in our little area and you better believe ill be there waiting. That land takes a lot to get back up to productivity but, me as an organic farmer, find it worth it. Also be patient, don't force the issue, and make promises or statements you can't back up. landowners are real people who want someone that's genuine and will take good care of their land.

Answer

Fsa is the best bet for starting out can often be with 0% down if it appraises out. Finding ground to rent is difficult just try to talk to anyone around get it out there that you’re looking

Answer

Look for farmers that need a helping hand or do custom work to generate income.  Building a relationship is a better way to get into land.  There will be the $$$ guy and others who want to keep farming but are not able to keep going without help.

Call (844) 200-FARM

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What’s the best way as a beginning farmer to buy land or find land to rent?

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