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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.
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10 February 2025 | 22 replies
That's a power play.
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20 February 2025 | 33 replies
Excellent overview of the power of professional and creative photography... and how the bar will continue to be raised.
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27 January 2025 | 35 replies
This is significantly lower than the mid west in the US.A really nice thing over there is that rents are often payed once per year.Dubai have a very consentrated power and decision organ which leads to very low predictability.
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23 January 2025 | 5 replies
Read a few books on real estate investing to learn the power of leverage.
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27 January 2025 | 4 replies
If someone made $50K assigning my elderly parents or grandparents home to an investor in a subject-to deal, and that investor ruined their credit by not making payments, I would do everything in my power to go after that investor, AND the wholesaler, and I would make both their lives a living hell to the best of my abilities.
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22 January 2025 | 7 replies
(if the buyer wants a more solid commitment)Once a buyer has spent money they are somewhat vested in buying the property and that gives additional negotiating power to the seller.
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22 January 2025 | 11 replies
We will harness the power of our tech ability to scan and filter many opportunities on and off the market to create a funnel of properties suitable for our strategy.
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27 January 2025 | 29 replies
A coaching program is a partnership, and your success depends on your willingness to take action.Final ThoughtsA coaching program can be a powerful tool for accelerating your real estate investing journey.
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22 January 2025 | 4 replies
That’s the power of leverage.