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Interest only loans
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mikado
Posted 6/28/2025 07:04 (#11278370 - in reply to #11278342)
Subject: RE: Interest only loans


SW WI
Not trying to convey too much. Agree with keeping waters calm, with interest rates, if we can.

Common sense fiscal responsibility and government living within its means……yes, I hope this time is different, with a different captain at the helm. We need Congress to help, not hinder this process.

I know you’ve been very happy with your e plant investments. In my case…..there were to many red flags right from the start. Seemed it was trying to be built on hope instead of a sound plan. Lot of questions about operations that couldn’t be answered. Ultimately did not get built and investors lost their “down”. Hard feelings in the community. I did not invest.

I’ve been fortunate enough to never resort to interest only on a loan. Just my opinion…..SHTF that didn’t allow you to meet your obligations. That comes from the 80’s so my opinion may skewed a bit. I’m very blessed to have a wife that is 100% on same page financially as me and probably has better big picture view.

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