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.

-- We focus on verifying 2-year work history and verifying rent payments with last 2 landlords (unless in same property for 5+ years).3) MoveIn Specials: be careful with offering "free rent" as will just attract tenants with no cash.-- Try free TV or something else worth 25-50% of one month of rent.-- Or, what we do is offer the free rent AFTER & ONLY if they pay their first 3 months of rent on time to earn it.4) Lower the rent 5% every 2-4 weeks until activity picks up.5) Understand this is the worst time of year to find tenants.-- Starts picking back up end of February when this tenant pool starts getting their income tax refunds and aren't broke anymore.6) Section 8: where is the property being advertised?

Feel free to reach out anytime with questions or when you're closer to making plans—I’m here to help!

created a free eFiling option for 1099s directly with the IRS.

Feel free to inquire about their staff qualifications if it's a larger organization.2.

Feel free to message me separately.

But over many years of owning units in this development (have owned 7 so far) the tenants and prospective tenants are no willing to pay extra rent for the units with "free" heta and hot water. 

Whether you need advice on selling your property or exploring other investment strategies, feel free to reach out!

Feel free to reach out would love to network.

Feel free to check us out at ComfortCapital.com.Regarding Sunrise, they’re a credible operator—Kevin is a smart guy, and we share a handful of investors.