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19 February 2021 | 2 replies
The property currently has 3 rental incomes which, if I use an IO loan, will pay the mortgage entirely and provide a profit.
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17 August 2022 | 9 replies
These can have 40 year options that are 10 year I/O followed by 30 year amortization all at a fixed rate for the 40 year term.
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17 August 2022 | 3 replies
Welcome to BP and NNN.I'm an investor in industrial 100,000 sq ft, just closed on another 5.5 acre IOS site.
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23 August 2022 | 5 replies
They are generally 30 Yr Loans (Fixed, IO, ARM, etc.) and using an LLC is ok.Like I mentioned, credit must be checked but can be as low as 640 in most cases.
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23 August 2022 | 8 replies
If you're planning to flip and not hold, you'd probably want to look at a short-term I/O type loan.
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26 October 2022 | 20 replies
O-H-I-O stands for Only Headaches In Ohio.As an out of state owner, be aware you will be targeted in some areas from local officials.
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7 September 2022 | 5 replies
Hard money lender: 12 month term, IO payments, 2 points, 10% interest.
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21 September 2022 | 4 replies
Not all local banks understand IO/bridge/perm debt products.
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11 October 2022 | 11 replies
The danger comes in making IO payments and then getting hit with payment shock when it converts to a fully amortized loan.
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14 April 2021 | 8 replies
Maybe you need to refinance using a alternative type loan that's I/O so you do cash flow, but your equity position is still going to likely be a kicker for most lenders.