Not sure how familiar you are with HM, but it is essentially a short term, high interest  IO loan. 

Additionally, I recently wrote an iOS app for on the spot ROI and want to get some feedback on it.

When you talk about "have the option of paying your mortgage or not," however, that's not just an i/o ARM.

@Cameron PetersWe disabled the Pro exclusive forum in our iOS app to comply with Apple's terms of service.

But IO for 6.5% for the primary and 9.5% for the I/O second there has to be a savings there. 

We disabled the Pro exclusive forum in our iOS app to comply with Apple's terms of service. 

I went from no amortization and a toxic loan to a principal only payment and my cash flow went up a few hundred dollars.Seller financed 2 on a lot, 10% down, 6% 10 years I/O.

I don't have a ton of experience, only one live in flip, I have managed a handful of small construction projects at a previous employer, I managed the entire engineering park project at my current employer which included construction of an 11,000 sqft pad, a 3500 sqft facility with all necessary plumbing and electrical, I also personally designed an managed the installation of our custom chilled water delivery system that is required for certain tests.

I compute the IO payment to be $989 vs. $1128 for the 7%/30 year pmt.

Hello BP,I am an investor and Realtor out of KW Classic Properties office and it is great to be apart of this site. I would hope to learn much from you all. Some things that I would like to take away from this site wo...