Financing a farm for a young couple

  • Erstellt am 2014-04-02 23:59:07

milkie

2014-04-03 10:18:44
  • #1
You need to check with your parents whether they want to or can do this. It is not guaranteed that they will get a loan. Depending on age and income.
 

ypg

2014-04-04 22:16:10
  • #2
Apart from the fact that your conditions are not suitable for a bank loan, I can hardly imagine that you can live from your car sales for the first 2 years (or even permanently). Maybe every now and then a few hundred bucks come in, but this will result in your activity being classified as a hobby by the tax office. But that is off-topic here and a matter that requires intensive consultation about self-employment, concept creation, and a 5-year plan. From this industry, I only know people who do it on the side alongside regular work.

If a self-employment concept meets open ears at the employment office, you may possibly get a start-up loan; in which amount or whether this still applies: no idea. Nevertheless, the open question remains how you want to reconcile a farm renovation and earning money, i.e., tinkering, in the early phase... a money pit and even personal bankruptcy is preprogrammed. Plan B tip: look for and keep regular work. Learn to be down-to-earth and then rent an old farm for a side job. The question of course is: what does the infrastructure/customer structure look like at an old farm, cottage, or similar?
 

ypg

2014-04-04 22:27:34
  • #3


When I then read: no job because I am working towards my self-employment.... I get triggers!!!
Pretty naive if you think you can become self-employed like that, although your own self-employment is somehow missing.
I really advise you to take a seminar/training or the like. The employment agency or adult education center offers that. Yes, I know, you are not unemployed, but with side jobs you stand as such.
 
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