Our bank offered us 80% on buy, with IO payments for 6 mo. to a year.

The 20 states are FL, AL, IN, KT, IO, OK, AK, OH, LS, KS, MI, WV, TN, NB, GA, TX, WY.

Some I/O others amortized.

Ive been on Bigger Pockets for some time now, and a while back I tried getting my friend into it.Now, finally, he went to download the app for BP, but it is no longer on the IOS App store.

My question is how do I o about placing value on each asset: Land, land cap, trailers if park owned.

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.

HELOC will actually probably offer the overall lower monthly payment as although the rate is higher, 75k would be IO.