People seem to forget that interest only loans are for set periods or 3-5 years usually and if anyone wanted to "FLIP" a house they would need to ask the Mortgagee and pay out the loan at a penalty rate usually. People watch too many American movies...maybe don't realise that "flipers" usually have variable interest loans unless lenders offer other arrangements.
- Forums
- Property
- Housing
Housing, page-25
- There are more pages in this discussion • 4,276 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Featured News
The Watchlist
RDN
RAIDEN RESOURCES LIMITED
Dusko Ljubojevic, MD
Dusko Ljubojevic
MD
SPONSORED BY The Market Online