Hello, My mom is looking at a property in West Virginia with 6 acres. Less than half is forest, and the rest is hilly grassland with a small pond. She needs to get a loan and wants to be able to pay it off as fast as possible. We need advice and guidance as to what to do, like farming and selling crops or whatever. In her own words "She wants to know what kind of crops are quick and easy to kickstart the business while we establish bigger plans?"
If you buy such a large territory, then you can raise cattle on it or, for example, sell vegetables and fruits and farm. And if you have buyers, you will be able to repay your loan in a few years. If you want to start making money by farming, then remember that this process is very complicated and requires a lot of knowledge and laws because you will pay significant taxes. When I took out a mortgage on the house, I rented out half of my house to pay the loan faster. This advice was given to me by a real estate and mortgage specialist -- Mortgage Broker Sunderland.