Most people assume they'll need some sort of short term ballooning product once they have to go commercial but the truth is that there are a plethora of 30 year fixed and long term IO products available right now.  

Most deals these days are financed by GSE Fannie/Freddie debt at ridiculously low rates with some IO to allow people to ride out unfavorable economic\local cycles.   

an IOS problem (just us Apple users?)

I-O !!!

We've got property in the New Jersey area, and are looking at our first long distance BRRRR in OH("IO"!).

First CommonwealthFirst Midwest, up to 90% Chicago areaFirst Republic - CaliforniaFulton BankGFA Federal Credit Union 10 yr draw, 10 yr repay, MAGranite State CU, NH 90-100%Great Lakes Credit Union Veritex, Texas HELOCHanscom FCU, FloridaHSBC 70%, for premier clients only Horizon, Kalamazoo MichiganHuntington 75% LTV 5 yr IO product available Hurst Lending and Insurance Investment property HELOC in Texas.

@Tj Hines I was specifically talking about bridge financing, similar to a construction loan, that is a short term (2-3 years with extensions), i/o, usually with a floating rate that we plan to take out within the first year of ownership.

Right now with the COVID debt service reserves, Fannie and Freddie aren't as attractive as they were, even with a few years of i/o. 

Hi @Scott Michael Gross      There are 40-yr DSCR products that have 10-yr IOs at the front, then convert to 30-yr full amortized loans.

Io have been driving for dollars here in Indianapolis where I live for a couple of months.