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Updated about 3 years ago,
Interest only for 700K
Hi had a thought to buy a house that i want to stay for 5 to 6 years that cost over a 1M$ .
i want to sell my current home and use that money for down payment for a new home.
i want to take interest only loan for the rest of the money.
is that a good idea .please advice me .
Thanks
Avi