My dream property is finally available. The only problem is that it is just raw land with no buildings on it. Long term plan is to build/farm the land, but it would be a few years before we could do this.
Anyone have any ideas as to how I should try and go about this?
Are there USDA Loans for Beginning Farmers to purchase raw land?
I've never done a Hard Money Loan but would definitely consider that. How does that work? After we build or whatever we try to roll that into a conventional mortgage?
Any and all help would be appreciated.
There are beginning farmer loans. Check with your local FSA office (Farm Service Agency). They will probably want you to put it into production sooner rather than later, though.