I'm new to this, especially looking at multiple option offers. What is the best way to present interest only and principal only options to the seller without insulting them or making me look like the novice that I am...
When you make multiple offers, how do you determine your cash vs. interest only vs principle only values of ARV?65% cash, x% interest, y% principle?@Brandon Turner
I recently attended a "Financial Planning" class at my job. Someone asked about the "Interest Only Loans". The instructor said "NO, NO NO". I was wondering why. He didn't get into it he just said it's only good if you...
Hi, I am new to RE investing and doing my due diligence and learning loads. What do you think of interest only loans? Which do you prefer, interest only or repayment?
Hi everyoneI am trying to pull a HELOC on my house to expand my rental portfolio (currently 1 triplex). I have been told about this interest only loan option and after reading several articles I am just not sure I rea...
I am under contract on a couple of multifamily residential units. Most of what I see is to put as little money down as possible, however, I am curious about what others think when your looking to buy and hold long te...
Can a USDA multi family loan be interest only ?
This would apply to a BRRRR, Buy and Hold property strategy-- Anyone use a HELOC, (interest only) for a BRRRR with success for a multi-year length of time?Seems that with a HELOC and positive cashflow, payments would ...
Can anybody help me understand how to structure and use an interest only loan to acquire a potential free and clear seller finance deal. The seller is willing to take 5% over 10 years. I’m trying to negotiate him to ...
I was entertaining the idea of doing a hybrid loan potentially doing interest only for 5 years or so. In-order to raise cash quicker for the next deal. Has anyone ever done this? I called around and it seems very few ...