Posted by MarkB_MI on July 13, 2018 at 03:31:29 from (174.230.17.193):
In Reply to: Buying a Hobby Farm posted by StrikeForce on July 12, 2018 at 20:49:25:
> How on earth do I convince a bank that a hobby farm is a good purchase?
The lender could care less if your purchase is "good". If that was a loan requirement, half the new car dealerships in the country would close. All the lender cares about is whether you are likely to repay the loan. If you can't make the payments just on your current income, your chances of qualifying for a mortgage aren't good.
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