How to get a $1 million home for $1,900 a month: The leverage provided by the resurgence of interest only loans. Leveraging up in expensive neighborhoods.

11 years ago

By drhousingbubble The interest only loan is back but in a very specific way. There are a few people with relatively high incomes that are using these to their advantage. I decided to run a quick test trial on this to see what it would cost to go with an interest only loan on a $1,000,000 home […]