Derek Farmer
Fix and Flip plan
10 January 2025 | 18 replies
Are you currently working on lining up funding or looking at potential properties yet?
Kwanza Price
Advice for Finding Contractors (San Francisco)
11 January 2025 | 2 replies
You can also find various contracts online, develop your own then have an attorney review it to ensure it has teeth, and is legal in your area.7.
Rafael Valdor
Renting out my townhouse: DIY vs. PM vs. Realtor
11 January 2025 | 14 replies
Fake income documents are easily purchased online, and inexperienced screeners often miss red flags.
Darrius Lloyd
Multi Family House Hacking
8 January 2025 | 2 replies
Build your network by joining local real estate investor meetups or online communities like BiggerPockets.
Tim Johnson
Is Real Estate the best way to reduce your taxes?
18 January 2025 | 5 replies
- Run a cost segregation study on this property in 2024 and you might have $100k on line 18...Without diving too deep on this post - If you run this scenario as a real estate professional while materially participating in the property, You'll be able to reduce your's and your spouses taxable income that year...
Jules Mbasso
New Member introductions
7 January 2025 | 4 replies
There are many resources for you to connect online and in person.
Sarah Rilling
What Questions To Ask When Joining A Mentorship Program?
23 January 2025 | 2 replies
Some mentorships include online training, weekly meetings, networking opportunities, tools, and access to speak with other investors/mentees.10.
Michael Velez
Beginner Real Estate Investor
22 January 2025 | 12 replies
We all have a common reason for being in the room or on the online call.
Omar Santander
New Investor (local and long-distance)
22 January 2025 | 9 replies
To start your journey, I recommend focusing on building your network by joining meetups and engaging in online forums, while narrowing down your first investment based on your budget, market, and goals.
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.