We are going on to 4 years of when we purchased it and have it now on the market.

Now I spend my time making sure new investors entering the market do not make the same mistakes my wife and I made. 

I'm in a similar place now, so will definitely be watching this post!

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.

While markets had anticipated the first rate cuts as early as March or May, those expectations have now shifted to June or September.

Just because other people might be getting away with it for now doesn't mean they couldn't crack down on you after you buy a property their.

Now I am considering whether to do a cash refi on the free and clear, and use a Heloc to purchase another duplex that is more expensive.  

BiggerPockets is full of resources designed to help you along your journey, whether you are just getting started or a seasoned investor.

I plan to focus on true 5+ commercial now.

Now I straight up said there has to be some kind of contract and price and they did cover it with me (I don't know if they normally do that or only did it because I asked), however the price is $15k-40K or more.For me this is a major red flag and irresponsible.