The cash flow that you need to achieve should be based off the rest of your portfolio and your financial situation as a whole.

If paying off your mortgage early is a priority, recasting might not be the best option.Not Available for All Loans: As mentioned earlier, government-backed loans are generally ineligible for recasting, and not all lenders offer this option.Who Should Consider Mortgage Recasting?

Been doing wholesaling off and on with little success but hopefully more time to devote to that shortly.

If the deal is right you can use hard/ private money to finance the home purchase and some or all of the repairs, then do a cash out refinance to pay off your hard/private money. 

Explain.I really like this question for discussion Venice, but one very major factor left off is at what risk exposure. 

Since this is a short-term flip, the IRS usually sees it as active income, but if your role is truly hands-off, there might be a way to treat it differently.Have you thought about how you’re structuring the deal?

I’m dropping one off tomorrow for another tenant.

Great place to kick off your REI journey.

I recently paid off about 2 acres in Texas that I was able to purchase from a family member.

People were so quick to say he was way off base.