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Updated almost 5 years ago,

David Vitarelli's profile image
David Vitarelli's profile image
David Vitarelli
  • Investor
  • from Voorhees, NJ
  • Member since Jul 23, 2015
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47
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David Vitarelli's profile image
David Vitarelli's profile image
David Vitarelli
  • Investor
  • from Voorhees, NJ
  • Member since Jul 23, 2015
Connect
David Vitarelli
  • Investor
  • Voorhees, NJ
47
Votes |
104
Posts
Mortgage Brokers & Lenders

Interest Only loan for a shell property I own in Philadelphia?

David Vitarelli
  • Investor
  • Voorhees, NJ
Posted

Hello All, I have a property in Philadelphia, PA that was originally planned to be a flip project. I am still optimistic that the market will rebound after this pandemic, but I am wanting to hedge potential losses (hard money holding costs) in the short term buy refinancing the loan into an interest only loan. Thoughts?

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