Recasting Loan on a Rental Property?

[Mike Willis]

I have two rentals and contemplating on making a $10K towards the principle on each SFH and having the lender recast the loan. The recast is only $250 each property. Thoughts? I'm cash flowing $450 and $600 monthly, but was thinking about being risk adverse. (Also lowering my DTI ratio for when we buy house number 4). I understand I will be paying slightly more taxes on the cash flow, but is it a wise move?

Or...just apply these principal payments to my primary mortgage.

Thanks,

Michael