A few nice chateau images I discovered:
Chateau d’Ussé
Image by Spiterman
Chateau de la belle au bois dormant
Much more wonderful homes click right here…
Question by grdnoviz: is it possible to get an interest only for stated income/assets on an investment property?
I know the rate will be high, remedy but I want to know if anyone does that.
Best answer:
Answer by ironman_bmfc
The problem you are going to run into is the fact of it being an investment property. They are out there, ed but the rate is not wonderful. There are a few things that would help me to answer your question.
Why do you need to do it as an investment instead of a second home? Are you self employed, or w-2’d? How long are you planning on keeping the property? Why do you need to go stated? What is your credit like? Do you need to finance the entire purchase, or do you have some money down?
Going I/O SISA is not a problem if it is a primary residence or a second home. If the investment property is far enough away from your primary residence then you can, and should finance it as a second home.
You have options on what you can do in this situation, feel free to e-mail me and I can give you some ideas.
Know better? Leave your own answer in the comments!
I currently have these loans available. I will need some more info. I won’t broker these loans out either, I am a mortgage banker, not a broker. I also have lines on hard money if the situation calls for it.
Email me at timothy.kazee@americanhm.com adn we can talk. Thanks!
Tim Kazee