There are other ways to get loans for land OR seller finance. Farm Credit is what worked for me! And no, this is not sponsored by them. I just think the average American is missing out not knowing about the Farm Credit System.
My sister recently purchased 20 acres in upstate NY with Farm credit east too. From everything shes told me, they are an incredible lender. Awesome resource for people looking to farm in the North East.
Alexandra--Let me say this--you are, in your own way, somewhat of a remarkable person. I have had a 40 year career in finance including a senior loan officer with AG choice which is now Horizon Farm Credit. But my background also includes investment banking and corporate finance for a publicly traded company, and I was a CFO for a defense contractor. The way you pack so much valuable information into a few minutes is something that senior executives should take note.
Just stumbled upon this channel (thank you RUclips algorithm) and binge watched about 10 of your videos. Awesome work, you're very concise, intelligent and maybe even a bit infectious. In a great way. The information you provide and your experiences are extremely helpful, keep doing what you're doing.
Thank you for this video. I was unaware of this. I am over 50 years old and some of my fondest memories are riding with my grandpa on the tractor, combine and wheat truck every harvest.
I want to homestead, not because I am extremely passionate about it inherently, but because the way I see our country going, it's going to be one of the only ways to live a free life (assuming those in charge don't make laws to intentionally ruin homesteading too). I don't have any farming experience, but I'm willing to put in the work. I want to be able to grow my own food, at least enough to live off of, if not enough to make money from. I'm currently working at a soul-draining factory job in a concrete tomb that pays decently, saving up money to put some kind of plan into action. But I really don't have much of a plan, I don't know enough, I don't know where to start. Assuming I find good land, where do I go from there? I know I need to act soon, at least within a couple years; I'm still young but not getting any younger!
I came across your channel through this video- case studies are incredibly valuable, and I'm eager to see more in the future! Building wealth involves establishing routines, like consistently setting aside funds at regular intervals for smart investments.
That sounds like a good plan. In the past two years, working closely with a financial market specialist, I've builta six-figure diversified stock portfolio. Now, I aim to diversify even more this year.
Talking about a financial market specialist, do you consider anyone worthy of recommendations? I have about 10Ok to test the waters now that large cap stocks are at a discount
Same here!!! Though I started with as low as $7,000 AUD actually because it was my first time and it was Successful., She is a great personality in Australia 🇦🇺
Thank you so much for these videos! You are an absolute motivation for me! I was so discouraged that I couldn’t do something like this but to know you are doing it ALONE! Amazing!
Missouri seed co. Has native grasses that you can plant for filling in land you aren’t using and they’re beautiful! And they’re great for the soil and you don’t mow them
Thank you for sharing this information, I'm from OH and grew up in the city I've only just began thinking of buying land. The way you explain everything and provide resources is helping me expand and broaden my idea of what it will take and what resources I can utilize. You generally Rock, and I say that for everyone that for everyone that hasn't commented yet!!!
My best advice is to learn gardening by the yard, with organic methods, and minimal soil disruption. Obviously, you have to be able to handle a fork and move bags or buckets of compost, and you will have to mow around any crop you can't use grazers around, but it's safer, cheaper, and easier than cultivation. Here's a hint. Sheep go well with fruit trees, and you sheer for wool to sell, increasing products, reducing fuel for mowing. You can sell the lambs, or expand your operation. Cover crops are great to fix nitrogen in soil, and some are safe for animals.
Hi Alexandra, just found your channel yesterday and I LOVE it! Thanks so much. I live in Danbury, CT and I’ve been flirting with the farm idea for over a year now. You are a great inspiration. Thank you!
@@AlexandraFasuloBiz very much a Proverbs 31 woman. I’m 65. When I was your age, I lost my job when Continental Illinois NB went bankrupt and we lost our funding. I came back to California and vowed to learn something about banks. I don’t like cities (I went to USC and UC Davis) and didn’t want to work for a bank in SF or LA. I went to a farming friend and asked where farmers borrow money. He told me PCA (Production Credit Association ) and Federal Land Bank. They became Farm Credit. I went to the local branch in Indio, CA and asked about a job. They told me that I had to apply to the training program in Sacramento. To my surprise, I got an interview. The first question they asked me was about my farming experience. I told them that I had business experience and that they would just have to teach me about one more commodity than everyone else that had experience. I got in the program and it was an amazing year of training all over California. I spent the entire year on the road learning about everything from livestock to fishing to row crops to tree fruit. There are a few things to know about Farm Credit: while it started as the Federal Land Bank, it isn’t Federal at all. The district Farm Credit Banks get their money directly by pooling all their funding needs to their New York department that sells bonds direct to investors. Because it is perceived as Federal, these bonds are often priced cheaper than other money you might get. While it may no longer be true, you used to by stock in Farm Credit with some of your loan proceeds which effectively made the interest rate a little higher, it did give borrowers more say in the business: all borrowers are actually owners and this is why you may have found Farm Credit so refreshing. All your fellow borrowers want to see you succeed. Failures hurt everyone in the system. My wife and I, as we get ready to retire, have done what you suggest. We bought 4 acres in rural AZ at 4500 feet. We hope to grow as much as we can on it and like you we should start a roadside stand. So far we have put in a well, a pump, and sufficient solar to run it all. We should look into the grants you talked about. My sons are in their 20’s (CPA and Electrical engineer) and I have to wonder how they would ever meet someone like you. Praying for God’s help.
Alexandra, just wanted to give you an idea for something to grow and sell. Broccoli sprouts. I think they may be the next best thing for all us longevity seekers....good luck to you💛
Thank You Alexandra for Sharing this journey in farming from 'scratch' without experience! This is Awesome!! Thank You for this simple and very sensible approach to 'Doing-it-Small'. It is absolutely so valuable to hear how you got things done so quickly. This is Greatly Appreciated!!! 💚💚💚💚💚💚💚💚💚💚
It's amazing to see someone get through the unknown, trouble, and frustration to accomplish big things. Explain where the 30% down came from and how a 10 year loan is feasible? New to the videos and I seem to be missing where any prior money came from. It takes money to make money.
I too, am interested; i have just stumbled across this video; i kept seeing it pop up in my feed, and finally decided to watch in case the universe was trying to send me a msg.
I am from Miami United State🇺🇸, The difference Mrs Lucy Mary Liam makes in my life is second to none it's definitely a life changing kindness. I really appreciate her effort in my life.
Seeing my broker talked on RUclips, This was exactly how I got the recommendation about her for the past years. Hit $200k today. Thank you for all the knowledge and nuggets you had thrown my way over the last months. Started with $20k in July 2024
Her good strategies of making large amount weekly profits for her clients are totally outstanding. Investing my $1500 with doubt and withdrawing $12,300 with happiness. I ❤️ you Lucy.
I am very inspired by your initiative to take a new project and learn the ins and outs of a very rewarding experience. I am sending you an abundance of prosperity and growth for your business and future success. I am watching learning and following from afar. You go girl. 🎯💪🚀
This is awesome and much more encouraging and I completely agree. If you can make enough between a job and/or a farm stand or farmer's market we can have more Americans own, love, care for our beautiful lands versus large corporations or worse, foreign companies owning American land. Thank you for the video.
Girl. Your channel is a wealth of information. Alexandra, thank you so much for the information you are giving. It's very motivating, and gives me something to point to for my daughter! Lucky for me, my lovely ex-husband grew up on a pig farm! SO I KNOWS A THING OR TWO BOUT FARMING! Low key, you're also an activist and a guidance counselor! Keep it up!
This is so cool! I stumbled on your channel by accident and I am totally impressed! You are quite the entrepreneur and an inspiration . I live on rural land and I am currently working on plans for gardening, be more self sufficient with power, and God willing , break free from the daily grind by this coming spring. You have a new subscriber and I look forward to watching more videos. I wish you well with your new adventure!
Loved the two videos I've watched so far and they are very direct and informative. I like that the videos are not to long. Some videos are sooooo long I get bored and change to another channel. You provide just the right amount of good information in a short period of time. Thanks !!!!
the farm credit system is great. it's a real relationship with the lender and not some faceless corporation. some will even let you use the equity to do a cross-collateral mortgage to buy more land...great hack especially if you have a low interest rate. they want you to be successful, you aren't just a number in a spreadsheet.
Hey Alexandra! I am a married mom of seven and you videos caught my eye. I am interested in doing something similar to this for my family, where do I start? Thank you!
Farm Credit is a new source for me so thank you, however Im not understanding how they are different than a typical bank wanting 20% down? Less stringent on credit scores? Speed of closing?
They aren't a credit union. You can't open a checking or saving account with them. They just make loans. I financed 5 acres of residential zoned land from them in 2020. They sent me a check in 2021 for all my interest I paid that year because they made a profit that year. A dividend repayment. I was shocked when I called to ask what the hell?
Thats really cool. Your doing really good work. Hopefully Americans wake up and take their land back from corporations and that gates guy. Quick big up, its refreshing to see a female on utube that doesn't have a gallon of make up on their face, i am regularly fighting my daughters about putting chemicals on their faces You are someone i would have my daughters look up to
There's a plethora of knowledge to learn and a wealth of information out here that we as Americans don't even know about. Something as basic as owning land because of the everyday corporate and blue collar rat race we're in in the cities. For thousands of years, since Bibilcal times for instance, men and women have been irrigating and cultivating land as are people today, and they're much less stressful.
Thanks so much for the information you provided! I wasn't aware of the Farm Credit system and it might be very helpful toward achieving my goals on my 10 acres of mixed wooded and ag property. I'm looking at finding financing for a permanent house and ag tools (e.g., tractor) and this resource sounds like a viable option.
There are some additional benefits to being part of farm credit. I can't speak for all states, but in South Carolina if the interest rates decrease they will do a simple interest rate adjustment document and your mortgage rate is then modified to the new lower rate. Its very simple and easy, and its not refinancing - its simply a rate adjustment. Also after you have been a member for a few years you will start receiving rebates based on the profitability of your farm credit system. This is based on their profitable and how much you paid during the year on your loan. In my case this averaged out to be about the same as one monthly payment each year. You're actually sharing in the profits by receiving a share of the profits. Farm Credit is a great asset to rural land owners!
I think there’s a new fad going on where influencers are buying little properties for way too much money and then making the payments by talking about the silly little stuff they do on their silly little homestead when in reality without the outside income from influencing or a high powered town job they could never make it work, and because of this it will inflate the prices of little properties even more because all their followers will envy them and want to do the same thing and go out and also buy a piece of ground for way too much money
Thanks for the information. You’re the first one I’ve heard mention farm credit. Definitely going to contact them. Could you do a video with more information on how you chose your land and what due diligence you had to do prior to purchase? Did it already have a well? Did you need to have electrical run? What about sewer/septic? Thanks!
Hi Alexandria my name is Tony I cannot believe that I came across your videos you are heaven sent because the pandemic wiped me out and I am looking to get property and do homesteading and business out of I am a businessman previously in construction apparently I am destitute I totally appreciate the information that you have passed on I am going to utilize it and regain my status I want to thank you from the bottom now my whole heart for you coming to me at a time like this but unfortunately I happen to be technically challenged so it's going to be a little difficult for me to do that stuff I will succeed and I want to thank you for you and may God bless you I will continue checking out your videos and I also would love to be able to help you with your endeavor so be safe take care of yourself have a good evening and pleasant dreams
I'm so happy I made productive decisions about my finances that changed my life forever. I'm in my twenties living in Melbourne Australia, bought my new mansion in August and hoping to do more if things keep going smoothly for me..
Congratulations dear. You're really doing well for yourself, I'm 28 and my financial life is in a mess. Any great tips would really go a long way in shaping my life. I want to buy my own mansion, that's really a big flex
Tracy Britt Cool Consulting my financial advisor got me into investmnt. Two yrs down the line, my managed portfolio with Tracy generates about 5k a month on average. Not real big, but enough for me to get by
Alexandra, you're amazing! I'm very interested in moving myself and my family back to upstate NY ASAP and finally fulfilling this dream. I emailed you this morning. Appreciate any insights and would just like to connect, one upstater to another!
Thanks for the info. We may look into it. We have property already, but need a building for equipment and the current farmhouse is probably too far gone to fix up.
Thanks for sharing. I sold my rental properties, and I am considering farming since the Texas Veterans Commission has programs to help US military retirees/veterans.
Curious: have you considered keeping chickens, ducks, rabbits, etc for pest control, compost potential, etc for your farming? Putting in a pond for wildlife conservation and also for watering crops? May I recommend looking into permaculture principles (swales, etc) for maximizing water collecting and usage. You won't regret it. Following your journey closely. Thanks for all the info you're sharing. I don't know what substack is, but I'll look into it.
We’ve had a lot of new farm startups shut down within 5 years in Kentucky. Priorities for most people are new vehicles, vacations, stuffing their garage, outbuildings and storage rentals full of “stuff”. Paying more to eat healthy- not a priority. Good luck.
I'd be interested in hearing how well you do with your pumpkin stand. I remember going through pumpkin patches as a kid around this time and it was fun. I've just been amazed at what some women have been able to accomplish alone in a gardening/farming capacity.
I hate saying this, because you might take it like Im a creepy dude, I just wish to compliment you for all you've managed to find out on your own, you've basically educated yourself on buying property & building a place & starting a business - which is very impressive for anyone to accomplish - plus you are attractive in a cool way.
When you say it like that, it comes off creepy. Try this next time. “Hey! your beautiful, and thank you for the great advice!” Done. short and simple and not creepy…
I always say "you don't look that bad...for a girl", that way the odds of them getting confused or laughing outweighs the risk of them getting offended.😊
I havent seen your other vids yet but if you answered it forgive me. But what did you pay for the 7 acres? Was it farmed before? Did you get a deal if so how much off? Many thanks and blessings!
Great advice! I need to look into some of the grant programs for planting trees. I just moved into 16 acres in Stillwater and have been trying to grow all kinds of fruit trees. (The deer have been a bit of a problem though)
This is a psyop. In 1 minute, she has me considering dropping everything, moving to the middle of nowhere, to do work I’ve never done once in my life. Just cus she’s cute with a turtleneck….😐
When I bought my first house, interest was 10%. It sure dropped a lot as I refinanced through the years. But if the numbers work out at high interest, the numbers work.
I'm vegan, and been wanting to buy lots of acres to create a sanctuary for bees, animals, and plants. Also want to grow food that yield meat alternatives to support companies thrive the movement. Im in texas and run 2 businesses, once I have plenty saved and sell my business, i will start my dream. You are very inspiring, I HOPE YOU LIVE THE BEST LIFE , AND MAY YOUR HIGHER POWER ALWAYS PROTECT YOU 🙏
Lending on land is not risky. Assume the land has a market value of $500k and they require 25% down. You give the bank $125k down, they lend you $375k at 9% plus their loan fees. So if you default in 5 years, they keep your $125k, take the land back along with any improvements, and then they resell the land for $500k. There isn’t even a structure that you can damage and drastically reduce the value of their asset.
One question. I have an LLC as well. As you know write offs are huge at tax time. I obviously live off my income but I do try to get my tax debt as close to zero as possible. Do they look at what you are grossing yearly or strictly profits? Thank you
There are other ways to get loans for land OR seller finance. Farm Credit is what worked for me! And no, this is not sponsored by them. I just think the average American is missing out not knowing about the Farm Credit System.
Is this just for land, or can the land have a house on it?
30 percent of how much? Most Americans are broke! What are the costs of the structure on the property? Real Estate or private property in a trust?
@@FirstNumber1 it can have a barn and house. My land was zoned for 2 structures!
May I ask, did you get your loan as a personal loan in your name, or did you create a business name/llc?
@@PurePrairie I created an LLC for the farm, House of Green Saratoga LLC!
My sister recently purchased 20 acres in upstate NY with Farm credit east too. From everything shes told me, they are an incredible lender. Awesome resource for people looking to farm in the North East.
They are amazing!
Alexandra--Let me say this--you are, in your own way, somewhat of a remarkable person. I have had a 40 year career in finance including a senior loan officer with AG choice which is now Horizon Farm Credit. But my background also includes investment banking and corporate finance for a publicly traded company, and I was a CFO for a defense contractor. The way you pack so much valuable information into a few minutes is something that senior executives should take note.
Great comment!
Thank you so much!
@AlexandraFasuloBiz a video on farm stand profits and a breakdown of your business would be amazing!
@@carolpowell8695 his comment was him blowing himself
Just stumbled upon this channel (thank you RUclips algorithm) and binge watched about 10 of your videos. Awesome work, you're very concise, intelligent and maybe even a bit infectious. In a great way. The information you provide and your experiences are extremely helpful, keep doing what you're doing.
Thank you so much!
Right so informative, clarify the points and easy on the eyes a bonus 😂
I too attended the “Farm Credit” annual dinner the one year we had a loan with them. Great people, both the farmers attending and farm credit staff.
Congratulations on your venture. I worked for Farm Credit years ago. Now I farm and ranch for myself. The exposure with FC has been very helpful.
They are an amazing network!
Thank you for this video. I was unaware of this. I am over 50 years old and some of my fondest memories are riding with my grandpa on the tractor, combine and wheat truck every harvest.
I want to homestead, not because I am extremely passionate about it inherently, but because the way I see our country going, it's going to be one of the only ways to live a free life (assuming those in charge don't make laws to intentionally ruin homesteading too). I don't have any farming experience, but I'm willing to put in the work. I want to be able to grow my own food, at least enough to live off of, if not enough to make money from.
I'm currently working at a soul-draining factory job in a concrete tomb that pays decently, saving up money to put some kind of plan into action. But I really don't have much of a plan, I don't know enough, I don't know where to start. Assuming I find good land, where do I go from there? I know I need to act soon, at least within a couple years; I'm still young but not getting any younger!
Honestly practice hobby farming super easy things even in your apt to work on your green thumb
You can do it
Great minds think alike, want to do the same exact thing, will have to do my research as well. 😊
I don’t know how to thank other than this way. You really are doing something good. Thank you very much.
Inspiring me to be a farmer, Farmer Revolution I love it, Americans need to buy more land and keep it I completely agree, keep up the great content.
I came across your channel through this video-
case studies are incredibly valuable, and I'm eager
to see more in the future! Building wealth involves
establishing routines, like consistently setting aside
funds at regular intervals for smart investments.
That sounds like a good plan. In the past two
years, working closely with a financial market
specialist, I've builta six-figure diversified
stock portfolio. Now, I aim to diversify even
more this year.
Talking about a financial market specialist, do
you consider anyone worthy of
recommendations? I have about 10Ok to test
the waters now that large cap stocks are at a
discount
Ms Martha Ann Hammerton was my hope during the
'bear summer lost year . I did so many
mistakes but also learned so much from it
I was skeptical at first till I decided to try. Its huge returns is awesome.
Same here!!! Though I started with as low as $7,000 AUD
actually because it was my first time and it
was Successful., She is a great personality in
Australia 🇦🇺
Thank you so much for these videos! You are an absolute motivation for me! I was so discouraged that I couldn’t do something like this but to know you are doing it ALONE! Amazing!
Yes!! It’s so doable!
Missouri seed co. Has native grasses that you can plant for filling in land you aren’t using and they’re beautiful! And they’re great for the soil and you don’t mow them
Thank you for sharing this information, I'm from OH and grew up in the city I've only just began thinking of buying land. The way you explain everything and provide resources is helping me expand and broaden my idea of what it will take and what resources I can utilize. You generally Rock, and I say that for everyone that for everyone that hasn't commented yet!!!
Thank you ❤❤
My best advice is to learn gardening by the yard, with organic methods, and minimal soil disruption. Obviously, you have to be able to handle a fork and move bags or buckets of compost, and you will have to mow around any crop you can't use grazers around, but it's safer, cheaper, and easier than cultivation. Here's a hint. Sheep go well with fruit trees, and you sheer for wool to sell, increasing products, reducing fuel for mowing. You can sell the lambs, or expand your operation. Cover crops are great to fix nitrogen in soil, and some are safe for animals.
Hi Alexandra, just found your channel yesterday and I LOVE it! Thanks so much. I live in Danbury, CT and I’ve been flirting with the farm idea for over a year now. You are a great inspiration. Thank you!
❤❤ glad you are here!
A Real Entrepreneur ! Awesome!
Thanks for Sharing,
keep it Going!
You might have just changed my life.
@@IWBFREE aw yay 🥺♥️♥️♥️
@@AlexandraFasuloBiz where did you buy land? Is it a good location? Thanks. I live on Long Island.
I
@@AlexandraFasuloBiz very much a Proverbs 31 woman. I’m 65. When I was your age, I lost my job when Continental Illinois NB went bankrupt and we lost our funding. I came back to California and vowed to learn something about banks. I don’t like cities (I went to USC and UC Davis) and didn’t want to work for a bank in SF or LA. I went to a farming friend and asked where farmers borrow money. He told me PCA (Production Credit Association ) and Federal Land Bank. They became Farm Credit. I went to the local branch in Indio, CA and asked about a job. They told me that I had to apply to the training program in Sacramento. To my surprise, I got an interview. The first question they asked me was about my farming experience. I told them that I had business experience and that they would just have to teach me about one more commodity than everyone else that had experience. I got in the program and it was an amazing year of training all over California. I spent the entire year on the road learning about everything from livestock to fishing to row crops to tree fruit. There are a few things to know about Farm Credit: while it started as the Federal Land Bank, it isn’t Federal at all. The district Farm Credit Banks get their money directly by pooling all their funding needs to their New York department that sells bonds direct to investors. Because it is perceived as Federal, these bonds are often priced cheaper than other money you might get. While it may no longer be true, you used to by stock in Farm Credit with some of your loan proceeds which effectively made the interest rate a little higher, it did give borrowers more say in the business: all borrowers are actually owners and this is why you may have found Farm Credit so refreshing. All your fellow borrowers want to see you succeed. Failures hurt everyone in the system. My wife and I, as we get ready to retire, have done what you suggest. We bought 4 acres in rural AZ at 4500 feet. We hope to grow as much as we can on it and like you we should start a roadside stand. So far we have put in a well, a pump, and sufficient solar to run it all. We should look into the grants you talked about. My sons are in their 20’s (CPA and Electrical engineer) and I have to wonder how they would ever meet someone like you. Praying for God’s help.
You just popped up on my feed. Interesting stuff. You do a very good job of explaining things. I'll be watching more of your videos. Thx for sharing.
@@scoobiedoo2517 my pleasure!!
Alexandra, just wanted to give you an idea for something to grow and sell. Broccoli sprouts. I think they may be the next best thing for all us longevity seekers....good luck to you💛
Thank You Alexandra for Sharing this journey in farming from 'scratch' without experience! This is Awesome!! Thank You for this simple and very sensible approach to 'Doing-it-Small'. It is absolutely so valuable to hear how you got things done so quickly. This is Greatly Appreciated!!! 💚💚💚💚💚💚💚💚💚💚
Do you know any other Black people doing this? I really would like to be around us because of the experience of the couple from Colorado!!!
These videos are so dope! I love your passion for agriculture. We need more like us!
I love it! Would love to see a breakdown and economics of the farm stand that would be awesome and a great learning experience
@@PetersonChevy just filmed! I’ll post Sunday or Monday! Stay tuned ♥️👩🏻🌾
It's amazing to see someone get through the unknown, trouble, and frustration to accomplish big things. Explain where the 30% down came from and how a 10 year loan is feasible? New to the videos and I seem to be missing where any prior money came from. It takes money to make money.
I too, am interested; i have just stumbled across this video; i kept seeing it pop up in my feed, and finally decided to watch in case the universe was trying to send me a msg.
At the beginning of the video, she said it's her fifth land transaction...
I am from Miami United State🇺🇸, The difference Mrs Lucy Mary Liam makes in my life is second to none it's definitely a life changing kindness. I really appreciate her effort in my life.
I invested $2,000 and the trade in one month making close to $20,000. I wonder where she got her analysis.
Seeing my broker talked on RUclips, This was exactly how I got the recommendation about her for the past years. Hit $200k today. Thank you for all the knowledge and nuggets you had thrown my way over the last months. Started with $20k in July 2024
I'm from Brazil 🇧🇷 I and two other of my friends tried her immediately we testified her performing wonders.
Her good strategies of making large amount weekly profits for her clients are totally outstanding. Investing my $1500 with doubt and withdrawing $12,300 with happiness. I ❤️ you Lucy.
Thanks to my co_worker who suggested Mr Lucy Mary Liam to me
I am very inspired by your initiative to take a new project and learn the ins and outs of a very rewarding experience. I am sending you an abundance of prosperity and growth for your business and future success. I am watching learning and following from afar. You go girl. 🎯💪🚀
Thank you so much!
as a 19 year old I find this inspirational - hopefully I too am able to purchase some land and live/ cultivate
Yes you absolutely can!
This is awesome and much more encouraging and I completely agree. If you can make enough between a job and/or a farm stand or farmer's market we can have more Americans own, love, care for our beautiful lands versus large corporations or worse, foreign companies owning American land. Thank you for the video.
Girl.
Your channel is a wealth of information.
Alexandra, thank you so much for the information you are giving.
It's very motivating, and gives me something to point to for my daughter!
Lucky for me, my lovely ex-husband grew up on a pig farm! SO I KNOWS A THING OR TWO BOUT FARMING!
Low key, you're also an activist and a guidance counselor!
Keep it up!
Thank you ❤❤
Great channel. Very informative. Subscribed.
Glad to have you here!
I had no idea about farm credit. I just subscribed because I've thought about living the farm life before and can't wait to watch your journey!
I love the sound of crickets. Soothing.
Don't be afraid of that tractor. You'll love it.
Well done Young Lady, I come from a Farming family and yes, It’s a lot of work but Im betting that you are use to it! Good Job!
This is so cool! I stumbled on your channel by accident and I am totally impressed! You are quite the entrepreneur and an inspiration . I live on rural land and I am currently working on plans for gardening, be more self sufficient with power, and God willing , break free from the daily grind by this coming spring. You have a new subscriber and I look forward to watching more videos. I wish you well with your new adventure!
Loved the two videos I've watched so far and they are very direct and informative. I like that the videos are not to long. Some videos are sooooo long I get bored and change to another channel. You provide just the right amount of good information in a short period of time.
Thanks !!!!
@@shammysheds5201 I am glad you like them!
Please do a video breaking down what you made from the farm store. This is so cool, congrats!
@@jesseyentsch5493 I am going to today!
the farm credit system is great. it's a real relationship with the lender and not some faceless corporation. some will even let you use the equity to do a cross-collateral mortgage to buy more land...great hack especially if you have a low interest rate. they want you to be successful, you aren't just a number in a spreadsheet.
Hope you had a good weekend!
You’re great. Keep coming with the information I’m looking into farm credit now
Good work, Fasulo! You are an INSPIRATION!! We love you!!
Thank you ❤
Amazing!! Your man will be so happy and proud!
Congrats on the farm!!
Hey Alexandra! I am a married mom of seven and you videos caught my eye. I am interested in doing something similar to this for my family, where do I start? Thank you!
This is so great you shared. Im so excited i found your channel
Farm Credit is a new source for me so thank you, however Im not understanding how they are different than a typical bank wanting 20% down? Less stringent on credit scores? Speed of closing?
They aren't a credit union. You can't open a checking or saving account with them. They just make loans. I financed 5 acres of residential zoned land from them in 2020. They sent me a check in 2021 for all my interest I paid that year because they made a profit that year. A dividend repayment. I was shocked when I called to ask what the hell?
Thats really cool.
Your doing really good work. Hopefully Americans wake up and take their land back from corporations and that gates guy.
Quick big up, its refreshing to see a female on utube that doesn't have a gallon of make up on their face, i am regularly fighting my daughters about putting chemicals on their faces
You are someone i would have my daughters look up to
@@FirstNumber1 awww, yep I am totally cool with aging the way God intended lol!
You are very Brave Honest and very intelligent girl . Good luck to you for your great career.
There's a plethora of knowledge to learn and a wealth of information out here that we as Americans don't even know about. Something as basic as owning land because of the everyday corporate and blue collar rat race we're in in the cities. For thousands of years, since Bibilcal times for instance, men and women have been irrigating and cultivating land as are people today, and they're much less stressful.
I think there is zoning where i am that says no livestock on less than 5 acres. Good job on the channel, new sub.
That could be! I’m zoned for 4 large animals on my land
Thanks so much for the information you provided! I wasn't aware of the Farm Credit system and it might be very helpful toward achieving my goals on my 10 acres of mixed wooded and ag property. I'm looking at finding financing for a permanent house and ag tools (e.g., tractor) and this resource sounds like a viable option.
There are some additional benefits to being part of farm credit. I can't speak for all states, but in South Carolina if the interest rates decrease they will do a simple interest rate adjustment document and your mortgage rate is then modified to the new lower rate. Its very simple and easy, and its not refinancing - its simply a rate adjustment.
Also after you have been a member for a few years you will start receiving rebates based on the profitability of your farm credit system. This is based on their profitable and how much you paid during the year on your loan. In my case this averaged out to be about the same as one monthly payment each year. You're actually sharing in the profits by receiving a share of the profits.
Farm Credit is a great asset to rural land owners!
That is so interesting to know!
You are amazing! Thank you! Love Eliot
I think there’s a new fad going on where influencers are buying little properties for way too much money and then making the payments by talking about the silly little stuff they do on their silly little homestead when in reality without the outside income from influencing or a high powered town job they could never make it work, and because of this it will inflate the prices of little properties even more because all their followers will envy them and want to do the same thing and go out and also buy a piece of ground for way too much money
Good info thanks. How do you plan to make money? Growing or livestock?
@@spazy3687 I’ll do videos on this next! Today I’ll film one on my farmstand
Thanks for the information. You’re the first one I’ve heard mention farm credit. Definitely going to contact them.
Could you do a video with more information on how you chose your land and what due diligence you had to do prior to purchase? Did it already have a well? Did you need to have electrical run? What about sewer/septic?
Thanks!
Just subscribed cause i want a farm but have no idea where to start
You have come to the right place!
Fantastic! I am excited for you on this journey and wish you the greatest success!!
Nice sweater also. Who makes it..
I got my 6.5 acres and log cabin built with Farm Credit and my 401K. I have a 1000sq. ft tropical greenhouse just south of nashville
For how much?
Hi Alexandria my name is Tony I cannot believe that I came across your videos you are heaven sent because the pandemic wiped me out and I am looking to get property and do homesteading and business out of I am a businessman previously in construction apparently I am destitute I totally appreciate the information that you have passed on I am going to utilize it and regain my status I want to thank you from the bottom now my whole heart for you coming to me at a time like this but unfortunately I happen to be technically challenged so it's going to be a little difficult for me to do that stuff I will succeed and I want to thank you for you and may God bless you I will continue checking out your videos and I also would love to be able to help you with your endeavor so be safe take care of yourself have a good evening and pleasant dreams
Thank you so much Tony ❤
Congratulations, beautiful place!!
I'm so happy I made productive decisions about my finances that changed my life forever. I'm in my twenties living in Melbourne Australia, bought my new mansion in August and hoping to do more if things keep going smoothly for me..
Congratulations dear. You're really doing well for yourself, I'm 28 and my financial life is in a mess. Any great tips would really go a long way in shaping my life. I want to buy my own mansion, that's really a big flex
Tracy Britt Cool Consulting my financial advisor got me into investmnt. Two yrs down the line, my managed portfolio with Tracy generates about 5k a month on average. Not real big, but enough for me to get by
I'm thinking of getting into investing but feel a bit lost and confused. Any friendly advice or contacts you recommend for guidance?
It's a wise idea to seek expert advice when you're setting up an investment portfolio because it can be a bit complicated.
Getting advice & guidance from financial experts like
Really like this video.
Also, you have pretty hands, especially for a farmer hah.
Haha I’m only 1 year into farming, so that may not be the case a few years from now 😂 but thank you!
May I know How much loan you have taken and at what interest rate? and do they ask for collateral?
Thanks for saying! Where if I could I’d prefer to be able to do that thing, with fruit trees and vines, medicinal herb gardens, etc. where do it!
Alexandra, you're amazing! I'm very interested in moving myself and my family back to upstate NY ASAP and finally fulfilling this dream. I emailed you this morning. Appreciate any insights and would just like to connect, one upstater to another!
Taking loans works when you have a solid business model that is totally economy proof, along with people that have exceptional abilities to run it.
Thanks for the info. We may look into it. We have property already, but need a building for equipment and the current farmhouse is probably too far gone to fix up.
Thanks for sharing. I sold my rental properties, and I am considering farming since the Texas Veterans Commission has programs to help US military retirees/veterans.
Thank you for your service 🇺🇸
Curious: have you considered keeping chickens, ducks, rabbits, etc for pest control, compost potential, etc for your farming? Putting in a pond for wildlife conservation and also for watering crops? May I recommend looking into permaculture principles (swales, etc) for maximizing water collecting and usage. You won't regret it. Following your journey closely. Thanks for all the info you're sharing. I don't know what substack is, but I'll look into it.
Love Farm Credit. They also give construction loans.
We’ve had a lot of new farm startups shut down within 5 years in Kentucky. Priorities for most people are new vehicles, vacations, stuffing their garage, outbuildings and storage rentals full of “stuff”. Paying more to eat healthy- not a priority. Good luck.
Would be interested in how much you borrowed, your payment, and what kind of return you are going for or what you think is possible.
Thank you, keep working.
I'd be interested in hearing how well you do with your pumpkin stand. I remember going through pumpkin patches as a kid around this time and it was fun. I've just been amazed at what some women have been able to accomplish alone in a gardening/farming capacity.
Posting a video on this here tomorrow or Monday!
I hate saying this, because you might take it like Im a creepy dude, I just wish to compliment you for all you've managed to find out on your own, you've basically educated yourself on buying property & building a place & starting a business - which is very impressive for anyone to accomplish - plus you are attractive in a cool way.
@@SpringfieldTony I appreciate that, thank you!
When you say it like that, it comes off creepy. Try this next time. “Hey! your beautiful, and thank you for the great advice!”
Done. short and simple and not creepy…
@@6JAM4thanks for the recommendation! It’s weird being gen x male interacting w women these days. Wasn’t like that even 5 years ago 😅 Cheers!
I always say "you don't look that bad...for a girl", that way the odds of them getting confused or laughing outweighs the risk of them getting offended.😊
*tips fedora*
Good video! Lots of great information, Thanks!
thx for motivation I aspire to do sum like this in Florida and Detroit
How did you figure all of this out? You are amazing! Very helpful research. 🧑🏻🌾🚜
Nice video! I live upstate! What was the cost of the land?
I really like you!!! Great information
Incredibly valuable information!
I havent seen your other vids yet but if you answered it forgive me. But what did you pay for the 7 acres? Was it farmed before? Did you get a deal if so how much off? Many thanks and blessings!
Love it, Alexandra!!!
Where did you buy? I'm in NJ. What state and how bad are your property taxes? Thanks
Great advice! I need to look into some of the grant programs for planting trees. I just moved into 16 acres in Stillwater and have been trying to grow all kinds of fruit trees. (The deer have been a bit of a problem though)
Oh you're my neighbor then!! Hi!
@@AlexandraFasuloBiz Yes! I bought the biggest pumpkin Hewitt's had, but I'll have to come and get a few more from your farm stand.
Farming is no art but hard work very hard but satisfying work
This is a psyop. In 1 minute, she has me considering dropping everything, moving to the middle of nowhere, to do work I’ve never done once in my life. Just cus she’s cute with a turtleneck….😐
Get your shit together! 😂
Lmao I feel that but also seriously considering this stuff. Being a farmer would be awesome.
I love those earthy colours on your sweater ! how many acres do you have ?
Smart.... beautiful 😍 ...... smart lol. Videos like this give me hope in America 🇺🇸 hahaha thank you
Hi! Can ask you, How much did you pay for your land? And How much you are paying monthly? Thank you
When I bought my first house, interest was 10%. It sure dropped a lot as I refinanced through the years. But if the numbers work out at high interest, the numbers work.
I'm looking for about 2-5 acres and raise bees for a small LLC honey farm.............Thanks for the info!
I'm vegan, and been wanting to buy lots of acres to create a sanctuary for bees, animals, and plants. Also want to grow food that yield meat alternatives to support companies thrive the movement. Im in texas and run 2 businesses, once I have plenty saved and sell my business, i will start my dream. You are very inspiring, I HOPE YOU LIVE THE BEST LIFE , AND MAY YOUR HIGHER POWER ALWAYS PROTECT YOU 🙏
Thank you so much ❤❤
Siempre andamos positivo 😎👍
Lending on land is not risky.
Assume the land has a market value of $500k and they require 25% down.
You give the bank $125k down, they lend you $375k at 9% plus their loan fees.
So if you default in 5 years, they keep your $125k, take the land back along with any improvements, and then they resell the land for $500k.
There isn’t even a structure that you can damage and drastically reduce the value of their asset.
One question. I have an LLC as well. As you know write offs are huge at tax time. I obviously live off my income but I do try to get my tax debt as close to zero as possible. Do they look at what you are grossing yearly or strictly profits? Thank you
What a sweet girl…. I’m so happy for you 😊…
Awesome video ❤❤❤❤
Borrowing goes against my faith beliefs. Deuteronomy 28:12.
Thank you for sharing!