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Results (10000)
Stuart M. 90-95% HELOC with desktop appraisal or low/interest only payments
4 October 2019 | 3 replies

I'm not interested in solely "the best rate" but I'm interested in HELOCs with good features.For example, some banks/credit unions/etc do 90-95% CLTV HELOCS with a desktop/automated appraisal.  (The property is in Pal...

Selina Giarla ISO Lenders: 30 Yr Fixed or......10/1 Interest only ARM?
8 April 2024 | 35 replies

I have been striking out in underwriting with 30 yr fixed rates, the math just isn't working out for me to make any cash flow and the debt service monthly expense is wiping out any NOI and thus my yield. So... I am co...

Michael Taylor I need help with a Refi out of an interest only loan
19 May 2021 | 7 replies

I have 14 properties and I only have loans on 6 of them.  My credit score is running about 750. It will be higher because I am paying down credit cards.  I ran them up doing a rehab. I also have a job paying $80k per ...

Stephen Watts Nunn Help on how a interest only loan would help on first deal
16 July 2020 | 0 replies

Looking for a overall better understanding on how an interest only loan works. Plan is to do a traditional mortgage 20% down on a 60k home; ARV 110k. A few other expenses added to it so about 20k all together to borro...

Eric DeVito Need Help! Possibly dug myself in a hole with Interest Only Heloc
23 November 2016 | 47 replies

Hello all! So i decided on getting a HELCO because I want to get my first investment property and I have equity in my primary residence I live in now. Basically i spoke to TD Bank today and agreed on terms, but I have...

Mike Schorah Are HELOCs interest-only? Sell house & move to Florida in 5yrs?
23 December 2021 | 2 replies

Are HELOCs interest-only? So if I take one out, do I pay interest-only for a significant timeframe before I start paying principal?What if I want to sell my primary residence (what I plan to take the HELOC out on) and...

Kingsley Addo When Will you Say Interest Only Payments Makes Sense on a Rental?
12 December 2023 | 11 replies

I have property I procured with hard money which is approaching the due time for me to refinance into a conventional loan. I got a quote from a company we decided to move forward with. This will be a DSCR loan. Howeve...

Sean Anggani Interest-only loan fixed rate for 10 years vs fixed 30 year
18 February 2022 | 2 replies

Hi everyone!  I'm a newbie here buying my first condo property here in West Town Chicago, and am wondering if anyone has bought property with or has thoughts on an interest-only loan that is fixed rate for x amount of...