Is anyone able to recommend a mature independent financial planner? If they are Asian that is a bonus as elements of culture need to be factored in and understood (if that offends anyone, this is not the thread for you).
Me and my partner are looking to buy a house. There are different ways to structure the financing. Ive worked in a bank a decade ago and my gf has a good understanding of money too. But I would like someone qualified with life experience to take a outside unbiased look.
We have planned out 5-10-15 years. We have used conservative numbers. We have factored in renovating the basement (rental income, & secondary rental income), kids, change of vehicles, parents passing(moving in), utilties & bills, interest rate hike, ROI, possibility of one income in extreme scenario too. We do want to pay off the mortgage early.
I looked at how the generation of my parents did things, looked at mistakes they made and things they did well. Things they also do culturally (rental income etc).
Do we go for something small and renovate over time($525kish), we would like to stay in the this range to pay off the mortgage early. Or go for something new and bigger ($750k)? If so how do we restructure our finances for this?
Can anyone recommend a Independent Financial Planner to go over our numbers. Or if anyone is qualifed on here that we can buy dinner/alcohol and have a chat one evening?
Any recommendation from fellow beyonders is appreciated.