Buying Sub2 Homes With ARMs

I have been running across a number of sub2 houses with ARMs on them. Would you buy those? How about those with balloons on them?

Comments(1)

  • mtnwizard12th January, 2007

    Robert,

    It depends upon how long you intend to hold the property, how much the payments will adjust, etc. It is certainly doable.
    [addsig]

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