Michael Velez
Beginner Real Estate Investor
24 January 2025 | 13 replies
We all have a common reason for being in the room or on the online call.
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.
Anna Zimmerman
Up and coming neighborhoods to flip a house in 2025?
15 January 2025 | 4 replies
I found an auction person, and I see listings online.
Bailey Rentz
Done with Stessa. Where should I go?
13 January 2025 | 10 replies
But damned if I can find anything online about landlords using it!
Ben Hofstra
Best Bank Account for my Situation
9 January 2025 | 9 replies
I also recommend a bank that has local branch that you can go into vs having it 100% online.
Joseph Hossenlopp
Minoan to furnish rental properties
17 January 2025 | 28 replies
Quote from @Sarah Kensinger: Quote from @John Underwood: Wouldn't it be cheaper to order everything online and have it shipped to house?
John Lasher
Coaching for multifamily?
30 January 2025 | 23 replies
@John Lasher If you are still looking to spend $20k-$30K for a coach, I would be happy to take you up on that offer :) For full disclosure, I will share with you precisely what you can learn online/ perhaps even entirely through these BiggerPockets Forums but that doesn't address the reason why most are still unable to purchase larger assets: creditworthiness and capital relationships.
Michael Benanti
DealCheck app? Good or bad?
2 January 2025 | 32 replies
I was very happy to be able to edit and add the accurate comps, since in most cases it was inaccurate.
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...
Ethan Gallant
Beginner looking to BRRRR in Canada
24 January 2025 | 5 replies
I am a 24 year old who's employed in the CAF and looking to getting into real estate, more specifically BRRRR.After looking online for quite some time I've noticed how high Canadian real estate is and I wonder if it is even worth getting into.