All Forum Posts by: Joe M.

Do not quote me on this, but if you do decide to buy a house and rent to her and friends, if you have 529 for her, you can use that money for rent to pay yourself. 

If you just went through a refi 2 years ago, would you go for another one to go from 3.5% to 3?   My guess about 3k of closing costs.  Why or why not

Should I have named this "Help! New Investor!"

Thinking about paying down some of my 3.6% mortgage on my personal residence in form of a recast.   

Anyone ever do this before?  What are some pros and cons or things to think about?

Since its me paying the mortgage and not someone else, makes me think lower payments would be beneficial.

Let me know your thoughts and thanks.  I also view PR as a beneficial liability. 

What are you talking about?

last bump i promise.

any thoughts?

upppppppppp

2 part question.

Have you (or would you) recast your personal mortgage?  Were you happy you did?  What didnt you like about it?

If you did, do you view your PR as an asset or liability? 

Just want to run some mental exercises if I want to or not.

Thanks for any thoughts provided

Take away some of those parameters, wwyd?

@Steve Vaughan and @JD Martin

Thanks for the responses.