Hi All,I was wondering if I can get HELOC Interest only loan off of Rental Property? Which banks offer them? I am in Denver but the rental property is in Texas Chai
I've decided to get a HELOC for my first flip. House I'm looking at is 70k ARV, 33k list, 3-5k repairs. You could really get away with doing nothing, but I'd like to do some light staging and minor repairs. HELOC is i...
Hi everyone - long time lurker, first time poster.
Anyone have recent experience obtaining a HELOC on a primary residence? I'm looking for one with interest-only payments during the draw period to potentially use fo...
Does anyone have a Interest Only Amortization spread sheet to share:I need to create / model financing scenarios based on interest only loan scenariosWith a known down payment, Loan Amount, Interest rate. The spread s...
Hello! I was wondering what the pros and cons are of interest only loans on small multi family properties! I know you would have a higher cash flow. What are some things people have noticed from these types of loans i...
What does an interest only loan mean? And is it the best ?
Has anyone had any luck getting a interest only Line Of Credit on a investment property?
I am curious, have you used an interest-only mortgage product for a deal? If so, why?
Hello,I am pondering my first seller-financed deal on a duplex. The seller will sell it to me fully leased at 5% amortized over 30 years with balloon payment after 7 years, interest only.I'm pretty happy OK with the t...
We have a wholesale deal we are working on closing, but the end-buyer doesn't have all the cash right now. Since this is a smaller property we have the finances to just buy it ourselves, and the end-buyer suggested us...