Buying house, interest only loan the way to go?
Im currently a sophomore in college and at the begining of junior year I plan on putting a down payment on a house and renting out two rooms. I will probably be selling the house in 3-5 years since ill be out of college. I have heard that getting an interest only loan is better for short term so the money I will make will be just what the house appreciates in value. Any info or advice on this would be helpful. I still have to do a lot of research before I go further into this because I am very new to this and have recently been winning a lot of money and now want to invest it into something.
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