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Updated almost 7 years ago on . Most recent reply

User Stats

69
Posts
13
Votes
Andy Pillinger
  • Kirkland, WA
13
Votes |
69
Posts

interest only loan on duplexes , triplex etc

Andy Pillinger
  • Kirkland, WA
Posted

Hi,

I have been looking but it appears its not possible to get an interest only long term loan in the states?. Is this truly the case even with say a 40% down payment?. Or is it even possible to buy outright and then take out a Heloc for 10 years on interest only on investment property. thanks in advance for your advise.

Andy 

Most Popular Reply

User Stats

243
Posts
226
Votes
Matt H.
  • Real Estate Broker
  • CA
226
Votes |
243
Posts
Matt H.
  • Real Estate Broker
  • CA
Replied

We have mostly IO loans on our 1-4 properties. Usually takes 30-35% down. Not everyone offers it but plenty do.

Matt

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