Interest only mortgage?

Interest only mortgage?

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 Interest only mortgage? A Veteran for Peace Reply Send to a Friend   Print
 
Subject Author Date
Interest only mortgage? A Veteran for Peace 03-09-2006
I am considering investing in a 1st mortgage for 6 months. a contractor
buys homes , fixes and flips them.
what should I be aware of in loaning him some of the cash he needs to
buy a prop. at an auction?

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other useful resources:
Government National Mortgage Association - Ginnie Mae
The National Home Equity Mortgage Association
Fannie Mae Mortgage
Movie-Corner.com Movie Blog