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Cash out refi on farmland?

I’m curious if anyone here has any experience on doing a cash out refi on farmland. My father passed away and the farm was left to me. I have a half sister that was Willed 10% of the value of the farm land. I don’t want to sell it, so I’d like to buy her out, but I can’t afford to do that on my own. The farm does not currently have a lien, so I’d like to take a loan against the land to buy her out.

I know there are farm improvement loans, but not sure if banks loan money for things like this. I can’t imagine these loans wouldn’t exist. The collateral is there, so there’s literally zero risk.

Any guidance would be appreciated! Thanks!

submitted by /u/echeck80
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source https://www.reddit.com/r/RealEstate/comments/kmrhlh/cash_out_refi_on_farmland/
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