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10 January 2025 | 8 replies
It ensures you’re bringing in responsible tenants and minimizing risks.
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4 January 2025 | 28 replies
Yep both enjoying the investment both short term and as a Longterm investment.
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22 January 2025 | 0 replies
This is much lower than the costs associated with refinancing.Benefits of Mortgage RecastingLower Monthly Payments: The most immediate benefit is a reduced monthly payment, which can free up cash for other financial goals.Save on Interest: By reducing your principal balance, you’ll pay less interest over the life of the loan, potentially saving thousands of dollars.No Credit Check or Appraisal: Unlike refinancing, recasting doesn’t require a credit check, income verification, or home appraisal, making it a quicker and simpler process.Keep Your Current Interest Rate: If you have a favorable interest rate on your current loan, recasting allows you to maintain it while still lowering your payments.Drawbacks of Mortgage RecastingRequires a Lump Sum: Not everyone has the cash on hand to make a significant lump sum payment, which can make recasting inaccessible for some homeowners.Doesn’t Shorten Loan Term: While your monthly payments are lower, recasting doesn’t reduce the length of your loan.
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10 January 2025 | 28 replies
But don't risk your entire nest egg.
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13 January 2025 | 15 replies
How much risk are you willing to take?
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21 January 2025 | 8 replies
You also get 100 free credits on sign up so great if you just need a smaller list done.
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20 January 2025 | 2 replies
Check out FilePlace, where user-created forms are available for free.
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21 January 2025 | 6 replies
If you want to know more about the management companies I tried feel free to DM me.
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21 January 2025 | 5 replies
But consumers all are on the site for free where real estate agents are constantly hawked to buy leads or participate in what is now a 35-40% referral business for unvetted leads who think they are contacting the listing agent.Their business model has always been flawed.
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13 January 2025 | 30 replies
The reason is the increase in rents wasn't significant enough to justify the risk of vacancy.