Interest Only Loans – Do they exist anymore?

[Ilan M Aliphas]

Got into contract a few days ago on a great property for STR. My goal is to maximize cash flow and this property is in a very seasonal market. Therefore an interest only loan would be ideal... problem is, I've only been able to find Jumbo IO loans but I only need a smaller loan amount under $500k. No luck so far even offering to put 40% down payment and with perfect credit.

Does anybody know of any conforming IO products out there?

Other financing ideas?