Logan Rhea
Thoughts if this property flip Scope of work is too low
23 January 2025 | 5 replies
Exterior UpdatesScope of Work:Repaint exterior for modern curb appealRefresh landscaping (mulch, shrubs, and flower beds)Power wash driveway and sidewalksReplace front door and update hardwareEstimated Cost: $12,0007.
Henry Clark
Self Storage- Will they come? Market size?
1 February 2025 | 22 replies
They have the power.
Keyshawn Johnson
Moving to Destin, FL Soon – Looking to House Hack My First Property with VA Loan
25 January 2025 | 5 replies
As an active-duty (soon transitioning) Air Force myself, I know the VA loan is a powerful asset for us.
Desiree Rejeili
Understanding Mortgage Recasting: What Homeowners Need to Know
22 January 2025 | 0 replies
Mortgage recasting is a great option for homeowners who:Have received a windfall, such as a bonus, inheritance, or proceeds from selling another property.Want to lower their monthly payments without extending their loan term or going through the hassle of refinancing.Are satisfied with their current interest rate and loan terms.How to Get StartedIf you’re considering mortgage recasting, here are the steps to take:Contact Your Lender: Ask if they offer mortgage recasting and confirm your loan’s eligibility.Determine the Lump Sum Amount: Decide how much you can afford to put toward your principal.Calculate Potential Savings: Use an online mortgage calculator or consult with your lender to estimate your new monthly payment and total savings.Submit the Request: Once you’ve made the lump sum payment, your lender will process the recasting and provide a new payment schedule.Final ThoughtsMortgage recasting can be a powerful tool for homeowners looking to reduce their monthly payments and save on interest without the cost and complexity of refinancing.
Anthony Maffei
How to Best Leverage $500k in Equity for Additional Income
19 January 2025 | 11 replies
Assuming you could take out a couple 100k you would have the buying power to start a cash recycling business (brrring or flipping).
Chris Seveney
Getting A Deed In Lieu at closing to store away
29 January 2025 | 21 replies
Again, this is with commercial/investment property; owner occupied or consumer loans may have legal issues rendering this technique non applicable.
Fulati Paerhati
What is the good location to buy a rental property for 250k cash ?
6 February 2025 | 58 replies
@Fulati PaerhatiA 1031 exchange is a powerful strategy to defer capital gains taxes and grow your rental portfolio.
Tonya English
Launch Your Leads Scam
27 January 2025 | 65 replies
Makes me feel more powerful Guess what guys…I have an update call scheduled with Tom this coming Tuesday.
Sol Baum
Re: No due diligence-commercial
22 January 2025 | 7 replies
(if the buyer wants a more solid commitment)Once a buyer has spent money they are somewhat vested in buying the property and that gives additional negotiating power to the seller.