The community has its own internal lake, which connects to Lake Toho, via a boat lift owned by the community club.

New to the community here My partner and I have are experienced residential investans and in 2024 we switched over to commercial.

Hi Vivien, welcome to the community!

Hi BiggerPockets Community!

I would suggest going to the find a lender tab here on bigger pockets to find a local lender who has the same products. 

Hi Timothy, welcome to the BP community!

A 1031 exchange allows you to defer taxes by exchanging real property held for productive use in a trade or business or for investment for other real property of like kind, which is also to be held for similar purposes.

Hey BP Community!

You are likely overpaying by $5,000.Broker fee of $3,000 and Processing Fees of $2,000 seem out of place...but then again, i never used a broker to get a loan so I am not sure about that.If the broker was able to get you an interest rate or loan product that you wouldn't be able to find on the open market...its high, but likely fair.if you are getting a loan product that you could have gotten by going to a normal bank...seems high and unnecessary. 

I’d love to discuss how I could help the organization by purchasing it and restoring it to productive use.”Request a Meeting: Ask for a meeting with the person or committee responsible for property management.