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21 January 2025 | 5 replies
Hello everyone I am wondering how everyone is doing with their fix and flip projects.
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29 January 2025 | 3 replies
Hello everyone,I’m a Canadian looking to buy a short term rental vacation home in the Kissimmee area.Currently we own a long term rental home in Winter Garden which we bought some time ago, and will be paid off completely in Feb 2029.
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27 January 2025 | 0 replies
As of now, there are only about 1,150,000 existing homes for sale, far below the 1,390,000 we saw in September.So, what exactly is this “lock-in effect” everyone keeps talking about?
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29 January 2025 | 59 replies
Hey everyone - I’d love to connect, I’m looking to do more investing in the Myrtle/Conway SC area.
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24 January 2025 | 16 replies
Quote from @Daniel Vo: Hello everyone,My name is Daniel.
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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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4 February 2025 | 9 replies
This person will take calls from you and, if needed, willing to meet you at the property.2. family sport This asset benefits everyone.
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22 January 2025 | 3 replies
Hi Everyone,I’m thrilled to join this community of like-minded real estate enthusiasts and investors!
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24 January 2025 | 0 replies
Hi Everyone,I am a professional wholesaler and property locator, I locate property on/off market, do a full due diligence on title, encumbrances, taxes ect...
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31 January 2025 | 27 replies
Everyone has said, "go talk to a professional," because that’s the only real advice any professional on BP can give.