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.

If you sell your new property for $20K less than you bought it then that would have the impact of reducing the profit on your old property by $20K. 

Projects can also take a lot longer, and cost a lot more money, which can have a significant impact on your bottom line.

You make some excellent points regarding the impact of higher deposits on finding the right property.

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.

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

if virtually all attendees miss a paid for workshop, there are reasons.As for our travels, we saw 4 mayan sites including Chichen Itza and toba, swam in 3 cenotes, went to swim with turtles but too rough seas for the wife (storm impacts), scuba a Great Wall (advanced dive - 95’ with strong current), many tours of various cities including horse drawn and walking.  

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.)

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

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.