We apologize, but the forums are closed for new posts. Click Here To Join The Unemployables Facebook Group

Welcome, Guest. Please login or register.
October 18, 2021, 12:09:23 pm
Home Help Search Calendar Login Register

Welcome, Guest. Please login or register.
October 18, 2021, 12:09:23 pm
Home Help Search Calendar Login Register

Author Topic: Any investors using the pay option arms or 40/50 yr amort?  (Read 1442 times)

Offline gordo2417

  • Member
  • ****
  • Posts: 689
Any investors using the pay option arms or 40/50 yr amort?
« on: August 08, 2006, 08:37:49 pm »
Curious to know if any of you are using these financing methods to help cashflow properties or get into them for the short term for flips.

Nate-WI
Nate Andree
NJA Investments LLC
njainvestments.com
920-428-9858
[email protected]

Offline JOHNNY Q

  • Member
  • ****
  • Posts: 568
    • http://www.therealestatevaultstore.com
Re:Any investors using the pay option arms or 40/50 yr amort?
« Reply #1 on: August 08, 2006, 10:52:40 pm »
These programs are long term with higher rate. The shorter the term ,the better the rate. Example 5/1 arm. These been around before. Banks knows you will always have  a house payments, so you do not have a choice, but to spread the term out so you can afford the house.I think the principal increases as well.You have to know your loan programs and how to structure these program to your advantage.Can you answer this Question:  What is mortgage rates tied to? Will correct  those who get it wrong
John Quebedeaux-CEO-Quebedeaux Financial Investment Holding LLC
Residential, Commercial, Construction, Land Acquisitions, Lot Loans, Bridge Loan, Hard Money, Foreclosure Bailout & Short Sales.MTN, BG, SBLC etc...

 




SMF 2.0.15 | SMF © 2017, Simple Machines