Private Lending & Conventional Mortgage Advice
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated about 1 year ago,
Refinancing Into Interest Only Fixed Rate Debt - Options?
Im in the process of finishing up a 203k House Hack Duplex. I got a good rate of 6.25% on my mortgage given today interest rate environment. I will be living in one side and renting the other side. I would like to refinance out of the FHA 203k 6.25% into a Fixed Rate Interest only mortgage till interest rates come down near or below 5%. Ive been search online for Interest only "Landlord" mortgages, but Im not seeing any available interest only products out there. Ive ready about 10 year Interest only / 20 year Fixed Amortized products, but Im not seeing any products ready to apply for. Where should I be looking?