/biz/ - Business & Finance

>>12885533
If you plan to flip it for a profit before the IO period expires (<5 years) then you make more profit by not paying the principle.

As you can see here >>12883439
>>12883466 the flipping strategy was quite profitable for the investors as prices continued to rise. But now prices are falling they're not quite as desirable...

They were very common in the UK until their bubble burst, then they were pretty much eradicated. They were also very common in Ireland until their bubble burst, then they were pretty much eradicated.