A Good Time to Buy Farmland
Today we wrap up our narrative on financing farmland. This is a good time to buy farmland and leverage that asset purchase with attractive financing. Debt financing is a desirable option in this low interest rate environment, making it more likely that the cash rent payment or crop income will make the annual payment. Over time this purchase will muscle build your balance sheet. Lock in your loan with a low interest rate and amortize the loan over a term that will allow the income to make the payment and pay the property taxes. Have a nice weekend!