I am not an expert or know a lot about farm programs, but based on the information that you have provided, most of these programs are based upon farming the land yourself. Buying the land and leasing it out makes you an investor. Just my humble opinion.
The farm that I grew up on was only 320 acres. Just acquired 46 acres which we will be farming, farmers market, which entails a lot of hand labor, do not know if that qualifies as a farmer or not. [img]/forums/images/icons/smile.gif[/img]
I did a little checking and found that Farm Credit will do my loan. They also said as long as it's an active crop producing farm I'm good for the loan regardless of who's doing the work.
I appreciate the info, may be when I retire I'll farm it myself, but I'm not used to working as hard as the farmers do.
I have the utmost admiration, and respect to all that do that HARD work!!! [img]/forums/images/icons/smile.gif[/img]
Farm loan institutions love guys like you jaegar. Your interest is going to be more because it's a farm than a conventional mortgage. You also are a good risk if you have good credit and a regular job. Bad news on your part though as farm loans are typically alot higher interest rate than conventional mortgages.
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