u/Professional_Dark762

Large (300 acre) Rural-Residential Loan Options

Hi All. Just wondering if anyone had advice on securing finance for a large rural-residential property? There seem to be very few lenders willing to go over 1-200 acres without going commercial. I understand there are issues with resale/valuation risk. Have 310k income + extensive benefits, single no dependents with no debt/great credit etc but still not sure if this is possible for a non-income producing property. Any pointers/advice would be greatly appreciated.

reddit.com
u/Professional_Dark762 — 6 days ago

Large (300 acre) Rural-Residential Loan Options

Hi All. Just wondering if anyone had advice on securing finance for a large rural-residential property? There seem to be very few lenders willing to go over 1-200 acres without going commercial. I understand there are issues with resale/valuation risk. Have 310k income + extensive benefits, single no dependents with no debt/great credit etc but still not sure if this is possible for a non-income producing property. Any pointers/advice would be greatly appreciated.

reddit.com
u/Professional_Dark762 — 6 days ago