Here, we’ll break down what mortgage recasting is, how it works, and who can benefit from it.What Is Mortgage Recasting?

What is not deductable is paying yourself for work done. 

It is a 4 bed 2 bath house built in 1990.

Im still waiting to see other unit and see what is it renting for so i can crutch some numbers on it. 

Deals like this are absolutely achievable with the right knowledge and approach.Imagine what could be possible for YOU in 2025.

What a great analysis.

The guy who claims he is the country's biggest wholesaler and has a "community" says in his video from yesterday Dec 31 (search #251 Wholesale Hotline | LIVE Real Estate Investing Q&A if interested in his "technique"  start at 0:39:00 that the most recent transaction he did Was bailing out a guy in foreclosureGuru "bought" the house for $375,000 from the guy in foreclosureSold it back to them for $498,000 with a 6 month buy back option periodSeller had to give him $20,000 for the optionSo, guru will make about $148,000 on the transaction "Never been to the house, never had to lift a finger""No renovation, the guy is still in the house"Is this the kind of thing the new Oregon law is intended to address? 

Do you think this issue is specific to banking services or what do you think is the root cause?

Hi Natalie, MTR's do seem to be struggling if that is the only focus for a property.

What kind of lease provisions?