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Updated almost 7 years ago on . Most recent reply
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How many people use ARMs?
I have a couple properties on 7 yr ARMs. My logic is i have an exit strategy of about that time frame to move on to bigger properties (they are condos and a SFH). The ARM is a much lower rate increasing cash flow and/or I could pay down principal quicker as though I had a higher rate. What's your ARM strategy?