Posted by brian(MN) on February 28, 2009 at 10:47:41 from (70.41.9.72):
In Reply to: Farm loans posted by Eric b illinois on February 27, 2009 at 18:42:44:
Eric, I am by no means a money guru, but do you have a banker that you can sit down and talk to? When I bought some land a few years ago, the Credit Union would lend up to %60 of the appraised value, you would have to come up with the rest (cash, CD,ect). They will want you to come up with a balance sheet. When you ask a question on the internet like this, you will get advice alright, some good and some not. Talk to a loan officer at a lending institution, it won"t cost you anything. Brian(MN)
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Today's Featured Article - A Lifetime of David Brown Tractors - by Samuel Kennedy. I was born in 1950 and reared on my family�s 100 acre farm. It was a fairly typical Northern Ireland farm where the main enterprise was dairying but some pigs, poultry and sheep were also kept. Potatoes were grown for sale and oats were grown to be used for cattle and horse feeding. Up to about 1958 the dairy cows were fed hay with some turnips and after that grass silage was the main winter feed. That same year was the last in which flax was grown on the farm. Flax provided the fibre which w
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