pos cash flow on rental with fed index loan - Posted by Mark

Posted by Dave T on July 22, 2002 at 09:40:07:

There are a few ARM programs, each with a different index. Which ARM index are you asking about?

pos cash flow on rental with fed index loan - Posted by Mark

Posted by Mark on July 21, 2002 at 20:56:34:

I recently took a index loan or arm on a property that I rented. This property will bring me $600 on one prop in pos cash monthly due to this loan. It fluctuates according to fed index.

Has anyone had a similar experience with this type of loan, any pitfalls?

Thanks