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Updated almost 8 years ago on . Most recent reply

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Tereak Sims
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42
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BRRRR STRATEGY (paying on the interest)

Tereak Sims
Posted

My question is when do you start paying interest on the loan from the private lender??

Do you pay the interest when you get the refinance loan?

Or does it depend on the contract ?  

Most Popular Reply

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Andrew Syrios
  • Residential Real Estate Investor
  • Kansas City, MO
5,102
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10,504
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Andrew Syrios
  • Residential Real Estate Investor
  • Kansas City, MO
ModeratorReplied
Originally posted by @Rich Hupper:

Hi @Andrew Syrios

What is it called when a borrower who has a heloc pays their monthly interest payments with the heloc itself?

 Unsustainable...

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