If you pull some more equity out of your primary residence and can pay it down to an 80% LTV (if you have any left) and the rate should drop dramatically.With an 80% LTV you could get an interest rate around 6% and an I/O payment of about $760 plus taxes and insurance.

Generally when I see mortgage brokers putting someone into an IO loan it's to get them A BIGGER MORTGAGE than they otherwise would qualify for.For example; on a $100,000 mortgage, 30 year, 7%, an IO payment is $583/month, an amortizing loan would be $665, an increase of 14%.

According to what I am reading Android has a much larger market share than Iphone does now.http://venturebeat.com/2013/05/16/windows-phone-jumps-to-third-in-global-smartphone-market-share-and-could-be-second-faster-than-you-think/If that's the case I do not know why Android would not be a major platform in need of a BP app if a ton of users have the IOS systems.I think it must just be a preference thing.

I'm buying a foreclosure for $84K, ARV should be $125-$130K based on comps, maybe a little higher based on quality and condition. 3/2.5/2 1720 Sq Ft, 1988 construction.The loan package consists of a 6 month IO construction/rehab loan where they will loan me 75% of estimated ARV now, then refi into a 30 yr fixed when work is complete.The ARV is determined by the appraiser based on comps and based on a list of improvements that I intend to make.

It's a free CRM application that allows you to track deals, conversations, leads, prospects and has native Android, iOS, web apps and has a sweet outlook and gmail plugins if you happen to use either of those for email.

Sorry - Our iOS app came out earlier this year -- we have no plans of releasing the site via TapaTalk.

As you noted there is little difference in the loan balance during the 1st 5 years if you have IO vs. a 30 year amortized loan.

I can shed some light on the fractional ownership funding my company offers:- FULL DOC and SIVA application allowed- 3/5/7/10 YR Fully Amortized ARMs and 3/5 I/O Arms available- 80 LTV for PURCHASE & R/T for FULL DOC-75 LTV for SIVA (70 LTV for Cash Out)- Conforming and Jumbo loan amounts allowedRegards,Scott Miller

If it is cash flow, then you may want to consider a loan with an IO period.If it is growth and you want maximum leverage, consider trying to get some owner financing to lower your down payment.

In most cases, HML payments are based upon I/O only---the average maturity for a HML is 6-12 months (with extensions allowed).