{"id":536,"date":"2018-05-29T03:55:11","date_gmt":"2018-05-29T03:55:11","guid":{"rendered":"https:\/\/agricultureloan.com\/?p=536"},"modified":"2023-01-28T02:28:42","modified_gmt":"2023-01-28T02:28:42","slug":"starting-farm-buy-lease-land","status":"publish","type":"post","link":"https:\/\/agricultureloan.com\/starting-farm-buy-lease-land\/","title":{"rendered":"Starting a Farm: Should you Buy or Lease the Land?"},"content":{"rendered":"
Whether you are trying to buy a large piece of farmland, or a small patch of land for one crop, you have to decide if you will buy or rent the land. \nBeginning farmers<\/a> often make the mistake of assuming they have no choice but to rent it. While renting does have its advantages, there are also advantages of buying land as well.<\/p>\n \nLooking for Current Mortgage Interest Rates? Click Here.<\/a><\/p>\n Keep reading to learn which option may be right for you.<\/p>\n Renting often gives you immediate access to the land you want to use and often for a lower price. Other benefits include:<\/p>\n Renting doesn\u2019t provide you with the \nsame tax benefits<\/a> as buying the land offers. Your lease rates may be higher than the cost of borrowing the money if you use government-backed financing. Other disadvantages include:<\/p>\n \nClick to See the Latest Mortgage Rates.<\/a><\/p>\n Buying farmland gives you the chance to do what you want with the land; it also gives you a long-term investment, allowing you to wait out the bad years, and even them out with the good years. Other advantages include:<\/p>\n Starting farmers do have the option to lease or buy farmland. Your resources and ability to secure financing will be the determining factor. There\u2019s nothing wrong with starting out leasing land, allowing you to build up capital in the meantime. Make your decision a well researched and thought out one so that you know which one suits you the most.<\/p>\n \nClick Here to Get Matched With a Lender.<\/span><\/a><\/p>\n","protected":false},"excerpt":{"rendered":" Whether you are trying to buy a large piece of farmland, or a small patch of land for one crop, you have to decide if you… Read More<\/a><\/p>\n","protected":false},"author":12,"featured_media":551,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[206],"tags":[222,221,220],"yoast_head":"\nThe Advantages of Renting Land<\/h2>\n
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The Disadvantages of Renting Land<\/h2>\n
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Advantages of Buying Farmland<\/h2>\n
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Disadvantages of Buying Farmland<\/h2>\n
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