Interest Only Mortgages & Loans Explained for Real Estate Investing

[@alana.8593]

Thanks for the information 🙏

[@joedanza]

Great content Seth! For those in doubt of interest only mortgages it can be one of the greatest tools available to you! (it goes against the what financial managers tell you for personal finances- it’s different when investing). Seth helped us structure our last deal where we were able to get 4 years interest only on the mortgage. As a result, we increased our monthly cash flow by 35%. This allowed us to renovate the property ahead of schedule (forced appreciation), which increased the rents therefore increasing the monthly cash flow. It also helped us posture in case of a recession. At first we were hesitant, but looking back it was one of the best deals we’ve done to date. Definitely a tool we’ll use as we acquire more property.

[@Gluvs2utube]

Hi Seth is there a down payment required for Interest Only loans?

[@Gluvs2utube]

@@SethFerguson What about a Duplex?