Odds are you will lose your EMD if you back out, which may be a better option than sticking with this deal (depending on the amount and how it impacts you financially.)

Additionally, subdividing could impact your tax situation, so it would be wise to consult with a tax advisor to understand any changes.Overall, both paying off the loan and subdividing could be beneficial moves, but make sure to weigh the short-term costs and consider your long-term goals.

My continued success and those in subto will not be impacted from you not joining a community.

Calculate potential rental income, expenses, and any projected appreciation to see how each option would impact your overall portfolio.

Hi all, Baselane is hosting a CEO fireside chat titled 'The Inflation Equation: Impact on Real Estate and How to Navigate it'If you're attending BPCON24 in Cancun, join us on Monday 1:15pm EST.

This would cover the $675K needed to pay off the existing HELOC and mortgage, leaving you with about $200K after payoffs and closing costs.However, it's important to consider the cash flow impact.

Over the past 10 years, my focus has been on building a business consulting company, but travel has impacted my young family.

LLC will not impact taxes or finances.

Hi Tony,The timing of the sale in relation to the tenant’s lease renewal will significantly impact the price.

Also just keep in mind characteristics of the property that carriers wish to avoid such as roofs 10+ years old, old/recalled electrical panels, no impact windows etc.