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19 January 2025 | 269 replies
I arrive in Portugal a couple of days ago.
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17 January 2025 | 20 replies
Focusing on A-B areas and taking a hands-on approach definitely helps with maximizing cash flow and equity.
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28 January 2025 | 8 replies
Alternatively, your in-laws could partially gift the property by using the annual gift tax exclusion ($34K per couple annually), lowering the sale price and their taxable gain.
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27 January 2025 | 6 replies
For myself hands down the fastest way to get to Fi is via house hacking.
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6 February 2025 | 29 replies
It is more expensive but may not require an appraisal and can close in a couple of weeks. if I can wait then I use the most competitive rehab. lender after obtaining multiple quotes.
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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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20 February 2025 | 11 replies
I remember a saying someone told me a couple of decades ago that convey's to real estate investing: "If you've been sitting at the poker table for 15 minutes and you can't figure out who the patsy is, you're the patsy!"
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22 January 2025 | 5 replies
I was only with realize for maybe a couple weeks, so cant really speak on them.
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22 January 2025 | 4 replies
I'm a couple day older than you on here.
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22 January 2025 | 13 replies
A couple of us up here in the Bay Area are figuring out if someone could drive down a truck with supplies but I'm donating money first.