Jarrod Willis
Borrowing against my primary residence, HELOC?
31 March 2022 | 1 reply
Would raise my primary mortgage pmt to about $3500 a month.2) Getting a HELOC on my primary residence, making IO payments, totaling about $2800 a month for my current mortgage + IO HELOC3) “Paying” myself a lump amount out of my joint LLC and not borrowing against my house. if I went option 3, that $$$ I give myself would be taxable income.
Heeyeon Chung
Newbie investor wanting to hear your seller financing success stories!
3 March 2023 | 1 reply
I'm currently working a Deal at a 5% IO with 7 years balloon payment.
Anthony Greco
Interest Only Terms for Commercial Multifamily
29 October 2017 | 4 replies
Full-term I/O from CMBS - here the lender would need to see a stellar track record, large portfolio, and a fully stabilized property with strong cash flow.
Jared C.
Thoughts on BRRRR Strategy from experience??
30 August 2022 | 35 replies
Another 1.5k in closing costs and you will spend anywhere from 1 point for the par value rate to up to 4-5 points for the absolute best rate the bank has to offer and there are all kinds of hybrid like I/O loans and ARM loans.
Antonio Denmark
Birmingham Investor New to Bigger Pockets
12 February 2013 | 14 replies
Antonio, here is a tutorial on how @mentions work. http://www.biggerpockets.com/blogs/1/blog_posts/20337-at-mentions-come-to-biggerpockets The reason I didn't use @mentions now is that I'm on an iPad and they don't work with Apple IOS.
Sean Johnson
Anyone know of a lender that does interest only refi?
23 August 2019 | 9 replies
I'm sorry, but I'm looking for lender information not for outdated adviceTo answer your question all you have to do is ask your Loan Officer or Broker add I/O to your new loan.
Xavier Wharton
Keeping Mortgage Payments Low
2 April 2018 | 4 replies
I know of a 10 yr IO 30 yr fixed mortgage. 10 years interest only then it converts to a regular fixed rate for the next 20 years remaining.
Stanley Nguyen
BiggerPocket's iPhone app
25 March 2019 | 0 replies
Does anyone have issue with push notification or does push notification support on iOS?
Derek Lester
Virtual Architect Off Upwork
30 October 2018 | 5 replies
In essence, you're going to get what you pay for.If you're making simple revisions to a rehab you may be able to avoid hiring an architect by sitting down with your contractor and a pad a graph paper and sketching the revisions that you want to make.