can i tap into equity on a farm with low income?

[Arthur Schwartz]

I am a joint owner in a farm, tenants in common. This is similar to a partnership.

I am interested in filing a “partition in kind” legal action which simply physically subdivides the property. There is a substantial equity from day one, (based on an recent appraisal) but not much income on the property. Once the subdivision is completed, can I tap into that equity to purchase rental properties which allow me to pay back the loan of the equity? How much is typically available, for example 70% to 90%? How soon can I do that after the subdivision? Thank you. [no deals yet]