General question about Farmland equity line of credit.

[Karl Kookier]

Hello, I'm a 30 year old dairy Farmer from Minnesota and I had some questions for you bigger pockets real estate geniuses. Basically I want to use the equity we have built up in the farm to start real estate investing. My plan was to get a line of credit backed by some pasture land I have and start investing in rentals and propertys to flip. Does anyone have any experience doing something like this?

[Michael Schmalzer]

Karl,

This one may be difficult.

Where are you located?

Do you have a lender you work with for the dairy equipment / activities? Is this a financial institution, or a dealer financing program? Have you tried running it past your existing banking relationship yet?

Thanks,

Mike