The next step

Hello everyone,

So we all have all these pretty awesome ideas for how to run our farm, be it crops, livestock, electricity and running water, but unfortunately we don't have any land yet.

Well, let's get some! As far as I know, and feel free to expand on this, we are looking for between 20 and 25 acres. Conservatively, let's say that will cost us 35-4ok. We may also want to take a little bit more out that the cost of land for starting equipment, mainly work vehicles. So let's say we are looking at a 50k loan for simplicity.

The next step is to figure out what interests rates we are capable of getting, what the required down payment will be and whether or not anyone will even give us a loan in today's "market." I am going to recommend that myself and perhaps Alex should start going to banks and having sit downs about getting the loan. This is going to raise a few questions that we are going to need definitive answers to, such as who is going to take out the loan and who is going to be ready to work when.

Throw me some feedback on how you think we should proceed with this endeavor.

JP