Acquire Land Strategically
At 1:14 in
Nobody told me this about buying land, starting a farm or homesteading!
What happens here
The speaker recounts his journey, starting from a small in-town home to acquiring multiple parcels of land (60 acres, then 90 acres) on a registered nurse's salary. He reveals that traditional VA loans typically do not cover raw land. Instead, he highly recommends pursuing loans through local Farm Credit institutions or USDA farm loans, which are designed for agricultural land and often have more flexible terms. He stresses the importance of having a down payment, suggesting saving diligently to be ready when opportunities arise.
Goal: Focus on finding and purchasing land, ideally in areas with affordable prices, and be prepared to finance it through specialized agricultural loans.
What they say
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What they say
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