Mortgage recasting, also known as re-amortization, is a process that allows homeowners to lower their monthly mortgage payments by applying a lump sum toward their principal balance.

We purchased our second property in August 2024, a townhouse this time, in Odenton, MD.

It is time for new ones and this time I will use a pro once I find one where I own the pics and not them.

A few times our door knocker team doubles as "movers" litterally.- You will have to come out of pocket for the arears, fees etc, just to get into "contract" some times $20k or more and all you have as protection is the word of someone who's proven to be unreliable and a signed piece of paper... 

I know that you do a great job smoothing out any "rough spots" in the lending process, so that certainly helps when the deal starts to go sideways... 

It probably is still worth it if you can raise rents, reposition the property, improve the efficiencies of the property and optimize debt when the time is right. 

She needs to wait until each lease is up for renewal and raise them at that time. 

Walkable to locally owned restaurants and the street had mostly owner occupied homes that are owned by long time owners.

Yes, for sure - send me a message whenever you've got some time. 

Mobile homes can depreciate in value over time (unlike land, which generally appreciates), so you’ll want to weigh the long-term returns.