“Interest Only” - An interest only mortgage is one in which the loan holder only pays interest on the debt and no principal at all. This type of loan is good for investors and others who want to keep the payments low for a short time. The problem is that these loans are often ARM’s and can cause trouble down the road for those who are unprepared.

Investor - A real estate investor is a person who buys and sells properties for profits. Investors can help people in distress in ways banks cannot. It is good to speak with an investor to help you solve your real estate problems. Investors can save you time, money, and destruction of your credit. There are many ways in which real estate can be a win-win for buyers and sellers.