Posted by StrikeForce on July 12, 2018 at 20:49:25 from (74.67.64.189):
Quick history, I grew up on a farm here in SE PA. Not enough to keep the kids there so all 4 of us have left and my parents still farm it. Now I collect antique tractors and have a serious itch to hobby farm outside of my engineering day job.
Low and behold, an almost perfect place is up for sale on my way to work every day (I think maybe known to a member on here?). Not enough house though for my family so I'd have to keep my current house/mortgage.
Now the fun. How on earth do I convince a bank that a hobby farm is a good purchase? Rent some land, rent the house, use the barn for my antique tractors and raise some hay and produce on a few acres. Members of my family also have some goats. It would just be too perfect not to at least consider. Anyone ever tackle this situation? Farming grants? I'm just fearful another developer is going to scoop it up and develop it. It's perfect road front property and they've been taking anything that comes up. In our area, farmland is just a ticket to build recently. Farming is dying so this sounds like a ludicrous plan on my end.
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