Paying off a Loan for New Property
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?"
Re: Paying off a Loan for New Property
Look at seeding mushrooms in the wooded area, perhaps a small sheep or goat herd. Maybe raise sweetcorn and sell it at a stand, watermelons, asparagus and such. You could also raise a lot of free range chickens and the buyers would hand you the $$$ and say "keep the change!".