Scott, Thanks for the info I have looked in my area for lease land and start off small but there is none unless I want to drive 22 miles from the house each way. I dont have a total of 3 current years farming Or work on a ranch last time I was on the farm I was young however I have keep up with the cattle but the local banks and Goverment want you to already have a farm or at least been working on one for 3 years for the beginner farmer program. Which I can't get since I don't have both. That is why I am asking for help here. I have even tryed the retiring farm program and there is none in my area. I will take your advise on the school many thanks Cody
> Cody,
> Please do not take this this wrong
> way but I want to offer you
> something to think about. If you
> have approached the private banks
> in the area and the government and
> no one will give you the money,
> there is probably a reason. As an
> investor in your operation they
> want to earn a safe return on
> their investment and by loaning
> money to a person who may not have
> the practical experience to make
> the operation cash flow positively
> they see this venture as a poor
> risk. I would be surprised if
> anyone on this website will step
> in and finance your venture at a
> reasonable rate if the previously
> mentioned sources have failed. I
> understand your frustration as I
> just went through it when we
> bought our land in Texas. We were
> able to get the money after
> putting 15% down but only because
> both my wife and I have stable
> off-farm jobs and I have an Ag
> Engineering degree. We got our
> loan through Wells Fargo as part
> of their part time farmer program.
> I know that it is not what you
> wanted to hear but I would suggest
> getting into the cattle business
> on a part-time basis (buying or
> leasing only as much land as you
> can currently afford as you will
> have to put down at least 15-40%
> of the total cost upfront)which
> will allow you to both gain both
> practical experience and also to
> build up a down payment for a
> larger piece of land. i would also
> suggest that you starting taking
> college classes on farm management
> and accounting or enroll in a
> program like the Ranching for
> Profit School. This education will
> prove to the bankers that you are
> serious and will make you a much
> better investment risk. Sorry that
> I cannot offer you a better answer
> but it is best to get it straight
> up front and hopefully someone
> else has some other options for
> you.
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