Does anyone know a good financial adviser/planner that I can use in the area?

I tried to look up your post you mentioned but you have so many threads here I wasn't sure which you were directing me to.anyway, I am in contact with a surveyor.. but waiting to sign the purchase agreement before I get the ball rolling. this property is in city limits and have been on contact with the planner. the 5 lots are within their parameters, this will have to be on city water and sewer.

You could then get a HELOC/LOC on that paid of property (a product that doesn't require you to use it) and then if you did have a big emergency you had a line to use on it.Now, ALL of this is dependent on how much money you have in the bank, how many properties you have, what your income will be like in retirement, what the standard age would be for your end of life (that's a scary one to think about), and while yes, you can certainly take equity out I just think it would be good to sit down with a financial planner...or even some other investors that are local to you that are around your age demographic and see what they are doing.I'm glad you are thinking about this for sure.  

I don't think your planner was trying to steer you wrong but it's tough to empathize if you've never experienced owning a family business/real estate.  

BRAND NEW (developed from the ground up and everything) brewery is opening on that bikeway the university has been pitching for years.I'm convinced that the university & city planners design the campus as a resort rather then an institution of higher learning.

A fee-only financial planner or real estate-focused CPA can help structure the sale, financing, and new purchase in a tax-efficient way.Good luck!

I'm a financial planner by profession so I want to fully understand the process.  

I'm a financial planner who works with real estate investors - we have a client who plans to renovate a Clinton Hill (Brooklyn) property that has been in his family for generations into a multifamily rental.

You might get more value from a financial planner or accountant if you want a little more help, such as retirement planning.

Most real estate investment and finance companies are hardbarred industries - only service-based businesses like financial planner firms and RE brokerages are allowed.