stupid question time!

[Robby Sanchez]

can you refinance at the end of an interest only loan into another interest only loan?

[Chris Seveney]

Quote from @Robby Sanchez:

can you refinance at the end of an interest only loan into another interest only loan?

 That depends - if its a short term hard money loan possibly, but expect to pay more for it.

I would first ask your current lender if you can extend the loan. We have bought loans like this from existing lender as well as refinanced borrowers into a new IO loan. 

It can be done but each situation is specific and would be underwritten to see the risk and what the exit strategy is. thats the key with shorter term loans - understanding what the borrowers exit is.