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Have any of you had experience with this type of loan? I came across an ad for a 200 acre farm, which is an FSA Inventory property, where first choice is given to beginning farmers or socially disadvantaged groups. This almost sounds too good to be true. I'm checking into it in the morning, but reading up on it now. Does anyone know what the definition of a "farm" is by USDA or government standards? Thanks!
 

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The requirement used to be that the farm had to cash flow without off farm income. That may have changed, I don't think they require 20% down anymore. Molly
 
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