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.

@Marie Thomas: Yes, it's like selling pizza by the slice, so both renter & investor get more for less. 

Selling one and buying several is fine. 

Good luck...I have nothing to sell and would be happy to help if you think that I can be a resource. 

And it can work really well for you as long as you pay attention to the statute requirements.In order to defer all tax you are selling investment real estate and buying investment real estate of at least the same value you sold. 

The hardest part of any syndication is raising capital and selling the investment.  

In your example, they bid the property to $225k because it's worth $300k so they're going to get all their money back when they sell it.

I get that there’s only so much I can share in a post, but my goal here is to provide insight—not to sell anything.

Big selling point is $15k gets you 32 units 100% ownership.

Anyone trying to tell you a certain asset class is good or bad these days is probably trying to sell you something.