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Question about leasing land
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<blockquote data-quote="Brandi2005" data-source="post: 159466" data-attributes="member: 3079"><p>Hi All. I just had a quick question about leasing land. My fiancee and I live in Lubbock Texas and have been seriosuly thinking about getting into the ranching buisness. We went to different ag loan places including FSA and it almost seemed impossible! They said things like well you have to have 3 years experience of managing the buisness or things like 25% down then we will think about getting you a loan! They were all nice but it was just kinda a downer, ya know! Well my dad has been a farmer for well forever but I never really had anything to do with the paperwork or anthing. I would help out here and there but nothing huge. His step-dad is a rancher but he(my fiancee) never managed his land-just worked on it. So basically what we have decided is that we need to lease land first. Does anyone have an opinion on how leasing is better/worse than owning or any other comments? thanks! Brandi</p><p>Also- we have been looking for land to lease around here but there is pretty much nothing! I know this isn't a huge cattle area but you have to start somewhere-right?</p></blockquote><p></p>
[QUOTE="Brandi2005, post: 159466, member: 3079"] Hi All. I just had a quick question about leasing land. My fiancee and I live in Lubbock Texas and have been seriosuly thinking about getting into the ranching buisness. We went to different ag loan places including FSA and it almost seemed impossible! They said things like well you have to have 3 years experience of managing the buisness or things like 25% down then we will think about getting you a loan! They were all nice but it was just kinda a downer, ya know! Well my dad has been a farmer for well forever but I never really had anything to do with the paperwork or anthing. I would help out here and there but nothing huge. His step-dad is a rancher but he(my fiancee) never managed his land-just worked on it. So basically what we have decided is that we need to lease land first. Does anyone have an opinion on how leasing is better/worse than owning or any other comments? thanks! Brandi Also- we have been looking for land to lease around here but there is pretty much nothing! I know this isn't a huge cattle area but you have to start somewhere-right? [/QUOTE]
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