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All Forum Posts by: Scott Dearmore

Scott Dearmore has started 1 posts and replied 1 times.

Post: private/interest only loan vs bank loan

Scott DearmorePosted
  • Real Estate Agent
  • Fort Worth, TX
  • Posts 1
  • Votes 0

New guy here! What is the advantage of beginning with a private loan or interest only loan, then going to a bank loan 12 months later when getting an investment property to hold on to? Why not start it off with a down payment and bank loan? Thank you!