Sean Johnson
Anyone know of a lender that does interest only refi?
I just found out about interest only refinance and I think that is the loan that's going to work best for me. Only problem is that I'm having a tough time finding a lender that still provides one.Does anyone have any ...
Neema Fotoohi
Mortgage Calculation How To: Interest Only, 1st & 2nd Mortgage
I'm looking to figure out how to calculate the mortgage payments if I have a first mortgage that's interest only for say 1-2 years and then for a conventional mortgage (or if the interest rate changes after the initia...
Ashley Payton
How can I find an Interest Only/Angel Investor ASAP
How do I go about finding one in my area? Or just in general...
There are a bunch of sites out there, but none are free and I have no family/friends that are able to loan me the amount that I need.
Mauricio Ramos
Private Money Lenders for Interest Only Loan 9unit complex Texas
Hello BP,I got a 9unit apartment complex deal and it will be owner financed with less than 10% down. Complex near San Antonio TX. I am looking to close before the end of the month. The roof and some electrical work wi...
Kathryn Bowden
Help! Having heck of a time figuring out interest only loan
I am trying to figure out if I can afford a deal. I have put these numbers through a few different calculators available on-line, but want to be sure I am figuring this correctly. I have a private investor (my frien...
David Vitarelli
Interest Only loan for a shell property I own in Philadelphia?
Hello All, I have a property in Philadelphia, PA that was originally planned to be a flip project. I am still optimistic that the market will rebound after this pandemic, but I am wanting to hedge potential losses (ha...
Eliza Briscoe
Rental Calculator showing PMI for Interest Only Loan, not a mortg
How do I fix the calculator to not show PMI? It is an interest only loan, not a cash purchase. It is not a mortgage
Steve Bell
Repay HELOC or make interest only payments to increase cash reser
Hi BP community!My partner and I are planning to take out a HELOC to fund the down payment on our first rental unit. Going the short term rental route. Anyone have advice about repaying the HELOC? What advantages woul...
Marc C.
Interest-only long-term financing: Does it make sense to you?
I've been approached by an Albuquerque investor who is willing to offer interest-only financing for long-term, buy-and-hold, projects in New Mexico and surrounding states. What is your opinion of it? Would it make sen...
Paul Spangler
Should I get an interest only mortgage and invest the principal?
I was talking with my boss recently about our mortgages, and I wanted to see if anyone else has done this.I just bought my personal residence and have a 30 year loan for $322k at 4.65%. He suggested that I get an int...