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Updated over 6 years ago on . Most recent reply

Tina Trussoni's profile image
Tina Trussoni's profile image
Tina Trussoni
  • Member since Aug 5, 2018

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23
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2
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Tina Trussoni's profile image
Tina Trussoni's profile image
Tina Trussoni
  • Member since Aug 5, 2018
Tina Trussoni
2
Votes |
23
Posts
Private Lending & Conventional Mortgage Advice

BURRRR using a 20 year balloon

Tina Trussoni
Posted

I have only been doing flips but I want to start Burrr investing. The bank I have been only does 20 year balloons and so my monthly cash flow would be nothing because the monthly pay back to the loan would be so high. So should I avoid this and find a different bank that does only 30 year loans?

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