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 - Hydraulics - Cylinder Anatomy - by Curtis von Fange. Let’s make one more addition to our series on hydraulics. I’ve noticed a few questions in the comment section that could pertain to hydraulic cylinders so I thought we could take a short look at this real workhorse of the circuit. Cylinders are the reason for the hydraulic circuit. They take the fluid power delivered from the pump and magically change it into mechanical power. There are many types of cylinders that one might run across on a farm scenario. Each one could take a chapter in
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