Results 1 to 4 of 4
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05-12-2017, 12:36 PM #1
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USDA loans
I'm getting a ton of deals in the agriculture world (non producing and producing farmland) for deals. Most of these do not have a house or a lodging built, but do have years of production history.
Does the USDA cover these scenarios?
PS -- I do not need anything that won't amortize over 10-25 years. The loans range in sizes from $250,000 -- $2.5MM. Most of the owners are credit poor but asset rich (other land, tractors, trailors, farming equipment, etc).
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05-12-2017, 01:05 PM #2
Reputation points: 54989
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- Dec 2013
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if they have revenues. We will make offers in a few hours / Perhaps we request fewest stips in mca? / funds hours after contract-back-in.
We have funded many farms. we love our farmers!Marcus Clapman | Business Development | Cresthill Capital
(High Commissions Payout Group)
——————————————————————————
Tel: 917-521-6528 | Fax: 212.671.1473
Email: bizdev@cresthillcapital.com
http://www.cresthillcapital.com
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05-12-2017, 03:06 PM #3
Reputation points: 503040
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Marcus, are you saying Mantis now does USDA-BI loans now?
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05-15-2017, 11:03 AM #4
Reputation points: 752
- Join Date
- Apr 2014
- Location
- Chicago, IL
- Posts
- 185
No WestCoast, he's just spamming the post to get every deal to Cresthill without reading the deal specifics.
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