Just wanted to introduce myself, my name is Joseph Warren and I am a Wholesaler living in NYC, but working virtually in Florida (Tampa, Tallahassee and the Cape Coral/Fort Myers areas).

I want to gut it all and add about 90 additional square feet - 415 sq ft total - for an open space guest suite.

Here are some options and considerations:Loan Against Equity/ETFs:Margin Loans:Description: Margin loans allow you to borrow money using your investments (such as stocks or ETFs) as collateral.Pros:You retain ownership of your investments.Generally quick access to funds.Interest rates can be relatively low compared to other types of loans.Cons:Your investments are used as collateral, so if their value declines significantly, you may face a margin call (requiring additional funds or securities).Interest rates can vary and may be higher than traditional loans depending on the lender and your creditworthiness.Securities-Based Line of Credit (SBLOC):Description: Similar to margin loans, SBLOCs use your securities (stocks, ETFs) as collateral, but they typically provide more flexibility and may not trigger margin calls as easily.Pros:Allows for ongoing access to funds as long as your collateral remains sufficient.Interest rates may be competitive.Cons:Similar risks of potential margin calls if the value of your securities drops significantly.Terms and interest rates can vary widely among lenders.Comparison with 401(k) Loans:401(k) Loans:Description: Borrowing from your 401(k) allows you to access funds without selling investments, using your retirement savings as collateral.Pros:Typically low interest rates.No credit check required.Interest paid on the loan goes back into your 401(k) account.Cons:Usually capped at a percentage of your vested balance (commonly up to 50% or $50,000).If you leave your job, the loan may need to be repaid immediately or could be considered a taxable distribution.Potential opportunity cost of missing out on market gains if funds are withdrawn from investments.Other Alternatives:Home Equity Line of Credit (HELOC):Description: If you own a home with equity, a HELOC allows you to borrow against that equity at typically lower interest rates than unsecured loans.Pros:Lower interest rates compared to other types of loans.Interest may be tax-deductible if used for home improvements (consult a tax advisor).Cons:Your home serves as collateral, so failure to repay could result in foreclosure.Personal Loans:Description: Unsecured personal loans can be used for various purposes, including investing, but typically have higher interest rates than loans secured by collateral.Pros:No collateral required.Funds can be used for any purpose.Cons:Higher interest rates and stricter eligibility criteria based on creditworthiness.I am a loan officer and we do some of the loans stated above.

After several years investing as an accredited investor, I’m moving to building my own portfolio of SFH and small multi-family that I control and add tax and passive income benefits for additional investing.

Additionally, our strategic marketing efforts highlighted the property's new features, attracting buyers quickly.

I am military, and from what I’ve read there is an exclusion of capital gains taxes out to 15 yrs vs the normal 5 for military members.However, I only lived at the property for 18 months, not the 2 years required. 

We have a few properties outside the state but we live here and for various reasons, want one nearby that we can manage and run ourselves.

Also any additional information of why you are interested in a certian location would be much appreciated. 

Hello, Cliff Benner, in addition to BizBuySell, LoopNet, CREXi, and Horse & Hearth, here are some other listing sites that feature campgrounds and resorts for sale:LandWatchOverview: A comprehensive site for buying and selling land, including campgrounds and resort properties.Website: landwatch.comLand And FarmOverview: Specializes in rural property listings, including campgrounds, resorts, and equestrian properties.Website: landandfarm.comRV Park StoreOverview: Dedicated to listing RV parks, campgrounds, and resort properties for sale.Website: rvparkstore.comCampground MarketplaceOverview: Focuses on campgrounds and RV parks for sale across the United States.Website: campgroundsforsale.comUnited Country Real EstateOverview: Specializes in rural and lifestyle properties, including campgrounds, resorts, and equestrian properties.Website: unitedcountry.com

as a break between living spaces.I'm not a builder but I imagine builders enjoyed a little savings by not having to budget for all the additional interior walls, but maybe that money had to go into costs anyway.Open floor plans are nice, but a bit too open for me.