I think you should talk to the bank. Banks are very cautious about loaning money today. You will be applying for a commercial loan and need 25-35% down, and have documentation about how you are going to pay the loan back. With todays crop prices, and a good buy, you can cash flow land in some areas. But many areas you can not, and there is no guarantee that crop prices will stay high. That means land is a long term investment, and will not provide supplemental income until it is paid for. I don't know much about farming in new york state, but have heard that in some areas you will struggle to make enough profit to pay the property taxes. Josh
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Today's Featured Article - Search For Spares - by Anthony West (UK). Following on from the aquisition of the old Fordson F, I was very much in need of spares. As a novice though I didn't appreciate the fact that there were so many Fordson tractors made, that all the other makes seem rare by comparison. As far as I was aware a fordson was a fordson and it was only through trial an
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