The IO 40 year with 10 year interest only and 30 year fixed is sounding better here.

I have seen some loans with 10,15,20 & 30 years fixed with I/O or P/I options and being nonrecourse or full recourse.

Some loans that you can get IO (Interest Only) at the start of the loan.

I like that it also has an iOS version, as I have my iPad with me more than I am sitting at the desk.

Hi James,I have issued 30-year mortgages to an LLC and Corp before with both P/I or I/O options.

For example, they may charge an additional 1.00% if you have poor credit and an additional 0.5% if you are taking a draw of $25,000 or less.Let's do an example:A buyer/investor looking for $500,000 cash out on a free and cleared home.The Prime Rate for a HELOC lender of mine is at 1.99% after all additional premiums +  for a total of 8.99% and IO payment of $3,745. 

We have a futon and a single foam folding pad as well as a hide a bed but don't list any of them as primary sleeping areas.Do you have your calendar blocked more than 3 months out?

The current lender is a hard money lender and the loan was I/O 24 months with a Ballon payment due 10/01/2023.

Investment Info:

Small multi-family (2-4 units) buy & hold investment in Columbus.

Purchase price: $175,000

Cash invested: $175,000

We've just started the REHAB part of this BRRRR. It's mid Feb 2...

What are you currently seeing as rates and terms(LTV, Points, I/O, etc) ?