Apple (again).

He should be providing them with a detailed scope of work he needs done if he wants it apples to apples.

Google, Apple, Facebook & Amazon have all recently put massive roots down here.

We had 4.55/25 yrs amm/5 yrs baloon/1 yr IO (for rehab) .. 

I understand that not all borrowers are proceeds driven, some are focused on low leverage, full-term IO or merely shortened hold periods and prepay.

as far as the risk involved with IO loans - apart of potential fluctuating values (which i dont foresee it it dropping even close to 40% anyhow) what other risks i am facing here?

@Candace PriceA lot of factors go into the rates provided.The asset, location, your net worth and liquidity, your experience, your SREO, the property financials, your relationship with the bank, your down payment, etc.Assuming you’re good on all fronts. 3.5-4.0% wouldn’t be out of the ordinary with some IO on the loan.

So how can I, or you, shake this apple loose from the tree so to speak?

This apple guide will help https://www.youtube.com/watch?

A lot of tech companies are moving in and expanding operations within Austin (Apple, Google, Dell, Oracle, Facebook).