Recasting is when you make a payment on an existing loan and update the payments - for example if I owed $100,000 and my payment was $600/mo and I paid it down by $40,000 recasting is they update the payment based on the new $60,000 balance.If I understand this correctly, you are selling a home which you will make $300,000 on and putting $200,000 down and keeping $100,000 to renovate?

Asking in the correct forum will get a better response.Need a spreadsheet or form?

It looks like this book focuses more on the how, is that correct?

@Brie Schmidt we have had this happen before, but typically what we showed them the prior DU they corrected it.  

You will get overcharged and have no experience knowing if it's being done correctly.

Yes, you can; this strategy is called pooling and it also adds a tremendous tax advantage You'll just need to make sure the entity pulling and disbursing the capital is structured correctly for its maximum benefit  

>I have heard wholesaling is tough but despite having less volume it has larger spreads in San DiegoI have never wholesaled but I suspect you have both items correct. 

How do I know the books are complete and correct though? 

Asking in the correct forum will get a better response.Need a spreadsheet or form?

Hi Alex,You're correct about the 2 out of 5 year rule.