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USDA Beginning Ranchers?
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<blockquote data-quote="ChrisB" data-source="post: 1614822" data-attributes="member: 122"><p>There are other programs besides the Beginning Farmers/Ranchers program that might make more sense to you. You maybe could get a guaranteed loan to buy the farm. Then you can keep your day job to help make payments. You may have to get creative to make it work as getting loans for both land and cattle is asking for trouble. As was mentioned, what can you get renting the place out? Then growing your current herd until you can stock the new place? Maybe running your cattle with the renters? Renting on shares of the calf crop? If you can make 1/2 the payment from renting it out, figure out how to come up with a solid plan to close the gap. Is your aunt in a hurry to sell? Maybe rent from her until you own enough cows to buy the land? Maybe she would be willing to do a Contract for Deed that could help you out?</p></blockquote><p></p>
[QUOTE="ChrisB, post: 1614822, member: 122"] There are other programs besides the Beginning Farmers/Ranchers program that might make more sense to you. You maybe could get a guaranteed loan to buy the farm. Then you can keep your day job to help make payments. You may have to get creative to make it work as getting loans for both land and cattle is asking for trouble. As was mentioned, what can you get renting the place out? Then growing your current herd until you can stock the new place? Maybe running your cattle with the renters? Renting on shares of the calf crop? If you can make 1/2 the payment from renting it out, figure out how to come up with a solid plan to close the gap. Is your aunt in a hurry to sell? Maybe rent from her until you own enough cows to buy the land? Maybe she would be willing to do a Contract for Deed that could help you out? [/QUOTE]
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