What You Need to Know About Interest Only Loans
One of the best things about real estate investing is that there are plenty of ways to fund your deals. You don’t necessarily need to get a traditional mortgage, and there’s a wide variety of loans you can choose from depending on your exit strategy, like interest-only loans.
Watch this video to learn more about interest-only loans, so you know what to expect when you decide to use them for your deals!
Key Talking Points of the Episode
[00:00] Introduction
[00:28] What is an interest-only loan?
[01:02] What are the typical terms of interest-only loans?
[01:59] Do you need to have an LLC for interest-only loans?
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Bill Fairman and Wendy Sweet, sibling principles of Carolina Capital Management, have a combined 35+ years of conventional real estate sales and finance experience. They, along with President/CEO Jonathan Davis, serve as consultants for investors, guiding them to network with other investors and educating them in locating and structuring transactions. We put People and Principles ahead of Profit--always.
Listen and subscribe to our Podcast: https://thealternativeinvestor.libsyn.com/rss
Visit our Website: https://carolinahardmoney.com
Facebook: https://www.facebook.com/CarolinaHardMoney/
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