Juan Contreras
Interest Only for Multifamily
I need thoughts on using an interest only loan for a multi-family. I'm considering purchasing a multi-family home to house hack using FHA. However, I'm considering using an 5 year interest only loan rather than a prin...
Jason Olson
Interest Only Seller Financing
Hey Everyone! I have the chance to buy 11 duplexes, and the seller will do seller financing with 50% down then interest only payments on the rest @7%. Rents are low and need to be raised with minimal repairs done. The...
Marco Morkous
Interest only seller financing
I think we all know benefits of interest only financing as being lower payments higher cash flow. A seller has offered interest only financing for 5 years on a multifamily property. Here’s a concern I have. With unsur...
Ben Spiess
Interest Only Multifamily Loans
I've been hearing on podcasts about Terms loans where for commercial multifamily loans the lender agrees to forego principal payments for a few years. I.e., its interest only. How does someone get a loan like this? ...
Joe Stout
HELOC Interest Only Payments
Good morning, wondering why my co-worker is paying $700 in interest only payments but has been told that he can't take out any money from his $130,000 Home Equity Line Of Credit (HELOC). Don't you only need to pay on ...
Tim Wilkinson
Interest only loan possible?
I have a hard money loan in two condos that I converted from a single family with in-law suite to two condos. The market is way slow and I’m getting killed with interest. We have about $120,000 in the deal.Is it possi...
Avinash Tuta
Interest only for 700K
Hi had a thought to buy a house that i want to stay for 5 to 6 years that cost over a 1M$ .i want to sell my current home and use that money for down payment for a new home.
i want to take interest only loan for the...
Sam Stout
Interest only under TCJA
Hey! Can anyone explain to me the new rules under the new tax plan about the limits of writing off mortgage interest, specifically on your primary residence? I've hear it may be really beneficial to switch to an int...
Chuck Ward
Interest Only Strategy Opinions?
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 ...
Jaime Rossini
Interest only seller finance
I have been looking for a house hack and found a 4-plex with 3 vacant units in a great area. Seller wants to finance 10% down 2% interest only payments for 5 years. I was concerned about being able to re-fi in such a ...