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21 January 2025 | 4 replies
I know there are services that provide proof of funds but I view that as misrepresentation.
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18 January 2025 | 21 replies
Your team can provide valuable insight and help you avoid costly mistakes down the line.5.
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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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16 January 2025 | 1 reply
The provider I am using allows for 60 days of continued coverage once construction is completed.
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27 January 2025 | 7 replies
hihi :) Thanks for your thoughts Jaycee, Not sure I would call it a cash cow but I did think it was providing a opportunity.
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15 January 2025 | 9 replies
Be sure to check out the free tools BP provides to help analyze deals you may have and also market insights.
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7 February 2025 | 16 replies
You can also look into partnering up with an experienced investor, and sourcing the deals or providing the capital in exchange for the mentorship.
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17 January 2025 | 3 replies
No but you could create an excel macro to do multiple properties at once - also the numbers that someone provides to me I take with a grain of salt anyways.
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7 February 2025 | 8 replies
They do this by the Scope of Work with Budget being provided to them.
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16 January 2025 | 0 replies
Situated on a 0.52-acre lot, the property provides a spacious environment.