Can you buy it from your bank account? You can probably make things work.
Need to borrow over 40% of it???? It will never pay for itself.
Good farmland goes for that, 180bu corn land. So if it were all good farm land, you could rent it out & make payments - for now. Someday inm a couple years crop prices will sink again & then you will be losing money.
With only 1/2 of it good farm land.......
Can't pay for itself, no way.
If I talked you out of it, good, you weren't meant for it. If you ignore me & find a way to make it work - good for you.
But - it won't pay for itelf, not ever. You are buying high, will be selling low in a few years....
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Today's Featured Article - Ford Super Dexta - by Anthony West. The rusty blue tractor caught my eye as my truck zipped by the farm implement business. It looked so fornlorn amongst the lineup of newer equipment. But it was just the right size for my small farm. I stopped in and asked the proprietor for further information. "It's a 64 Ford Super Dexta", he said. "It's a tough little tractor, although it's a hard starter being a diesel and all." He did manage to get it running, compliments of a can of ether. Once started it putted along pretty good. It
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