Also let me know if you're interested on partnering up on anything, I might be open to talking about that, I've been lightly considering looking for some partners.I've been considering pursuing mostly flips and BRRRR but also new builds for sale - but I have all my capital tied up in a couple of deals at the moment!

Raising the rents, billing back utilities and growing the gross income on the park are all your future opportunities and for you to capitalize on.  

Even though we do run credit and background, I refer to us as private money lenders rather than hard money lenders based primarily on the cost of capital.

It appears I'll need a 1031 exchange to offset substantial capital gains. 

Here are some insights regarding the potential tax implications and mortgage process:Tax Implications for Trustees: When the property is sold, the trustees may need to consider capital gains tax on the appreciated value of the home since it’s currently in a trust.

The Other Costs are defined right on the webpage:This raises the “Other Costs” in that year to show the client how much they would be paying to sell (selling costs, pay back depreciation, capital gains, etc.).

You've got an amazing cash flow and it isn't like you have a ton of capital tied up into that property. 

The market's steady growth ensures that homebuyers and rental property investors can capitalize on the area's potential.Key Economic Indicators:Average Wage in 2024: $59,586Five-Year Compound Wage Growth: 3.73%Total Employment in 2024: 748,600Five-Year Compound Employment Growth: 3.14%Unemployment Rate in 2024: 3.8%GDP Per Capita (2022): $70,178Affordability Indicators:Median Home Price in 2024: $447,526Five-Year Compound Price Growth: 9.35%Median Rent in 2024: $1,797Five-Year Compound Rent Growth: 5.91%Rent-Price Ratio: 0.4%With steady wage and employment growth and an unemployment rate below the national average, the Raleigh-Durham area is a prime market for real estate investment.

Bridging a funding gap in situations like this can be challenging, but there are several strategies you might consider:Bridge Loans: Short-term bridge loans can provide immediate capital to cover the funding gap until your other funds become available.

Should you make capital improvements?