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Private Lending & Conventional Mortgage Advice

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Erik Sherburne
  • Investor
  • Saint Paul, MN
64
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98
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How many people use ARMs?

Erik Sherburne
  • Investor
  • Saint Paul, MN
Posted Apr 18 2018, 09:01
I have a couple properties on 7 yr ARMs. My logic is i have an exit strategy of about that time frame to move on to bigger properties (they are condos and a SFH). The ARM is a much lower rate increasing cash flow and/or I could pay down principal quicker as though I had a higher rate. What's your ARM strategy?

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