For 3 acres with saplings and thick brush, a brush cutter alone will clear the vegetation but won't remove the root systems, so regrowth happens fast - you'd basically be doing this over and over. If the saplings are thinner (under 2-3 inches), a walk-behind brush mower or heavy-duty string trimmer can handle the initial clearing, but you'd still need to deal with stumps somehow, either by digging them out manually with a mattock or renting a stump grinder. The realistic middle ground is renting a small walk-behind or skid steer chipper for a day or two - way cheaper than an excavator - to mulch everything down, or hiring someone with a forestry mulcher if that's available in your area. What size are most of the saplings, and is your ground pretty uneven or rocky?