Updated about 7 years ago on .
Buying a citrus grove in SoCal
I have been investing SFRs and 2-4 units for the past few years but I always want to invest in farm land. I have been looking recently and saw a piece of 20 acres lemon grove for sale in SoCal. Does anyone know how where can I start with loan? What programs are out there for farm land purchase? What is the usual requirement?
Seller has indicated that he is not willing to share the profit and loss statement so I am not sure if any bank is willing to give out loan.
Any other idea what to look out for farm land? I am also planning to talk with the local farm management companies but want to get some insights from here first. Thank you in advanced.