80 Acres not possible??

Looking at a property with 80acres and single family home. Large properties are common in my area(MI). Lender told me parcel must be split 30-40acres+house and then a vacant 40-50 acres. Problem is i can do 5% down on the 40acres+house but the "vacant" land requires 25% down with seems like a lot!Current property is located in northern Michigan, Negotiated price is atm around $120k. This is farm land and we farm so acreage is important. Unofficial Property appraisal is $145,400.Is there another way to do this and how does one appraise the value of vacant land? If the house and first 40 acres could carry the entire negotiated buying price could the seller legally sell me the other 40acres for $1 or something?Vacant land here goes from $500-2,000 an acre appraised value. The farm next to this farm, similar conditions 105acres sold for $160k in October 2016.The property would be income producing and I was told by many people not to mention this to the lender....is that correct? The income is raising and selling pigs and sheep for breeding stock or meat with a current approx yearly income of $15k 2yrs into the business. by mythicalgriffons194 from , California. May 15th 2017 Reply