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Updated about 7 years ago on . Most recent reply

User Stats

17
Posts
3
Votes
Tracy Thompson
  • Investor
  • Baltimore, OH
3
Votes |
17
Posts

Interest Only Financing?

Tracy Thompson
  • Investor
  • Baltimore, OH
Posted

Seeking opinions/feedback on interest only loans.  We are new investors having just three rental properties and want the pro's and con's of financing with interest only loans compared to fixed rate 30 year loans.  Our local bank is offering a 30 year fixed rate at 5 1/4%.  Thank you!

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