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Updated over 7 years ago, 04/12/2017

Scott Dearmore's profile image
Scott Dearmore's profile image
Scott Dearmore
  • Real Estate Agent
  • from Fort Worth, Texas
  • Member since Jun 4, 2016
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Scott Dearmore's profile image
Scott Dearmore's profile image
Scott Dearmore
  • Real Estate Agent
  • from Fort Worth, Texas
  • Member since Jun 4, 2016
Connect
Scott Dearmore
  • Real Estate Agent
  • Fort Worth, TX
0
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Starting Out

private/interest only loan vs bank loan

Scott Dearmore
  • Real Estate Agent
  • Fort Worth, TX
Posted

New guy here! What is the advantage of beginning with a private loan or interest only loan, then going to a bank loan 12 months later when getting an investment property to hold on to? Why not start it off with a down payment and bank loan? Thank you!

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