Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Private Lending & Conventional Mortgage Advice
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 8 years ago,

User Stats

24
Posts
6
Votes
Holli Phillips
  • Residential Real Estate Broker
  • Westfield, IN
6
Votes |
24
Posts

What type of loan is best for residential farm/business property?

Holli Phillips
  • Residential Real Estate Broker
  • Westfield, IN
Posted

I am looking into purchasing a residential property that has 16 acres, event space, and horse barn.  This would be an income producing property that is already zoned for ag, commercial, and residential.  My only concern is being able to find a loan that works with my finances.  I have called Farm Credit and they told me I'd have to put down minimum 25% for a 25yr term.  Do I have any other options?  I don't think I can put 25% down due to the purchase price.  Thanks!