Comments on: Negative amortization (NegAm) loans actually exist http://www.lexchoice.com/2008/08/negative-amortization-negam-loans-actually-exist/ Steps to financial success including money management, debt, budgeting, planning, saving and goal setting. Mon, 12 Sep 2011 13:19:59 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Jon http://www.lexchoice.com/2008/08/negative-amortization-negam-loans-actually-exist/comment-page-1/#comment-4317 Jon Thu, 18 Dec 2008 02:44:41 +0000 http://www.lexchoice.com/?p=237#comment-4317 I would definitely never do such a thing for personal property, such as my house, however I can see the benefits from a business perspective. For instance, if you had a mortgage for a business property, you might choose to do something along these lines to help your business grow a little faster in infancy. For instance, I know a guy who has $2 mil invested in a blueberry farm. Blueberries don't even produce anything for seven years. Year seven rolls around, he starts making money. Anything he can do in the meantime to minimize payments or push them off till later would probably make sense. But to reiterate - I would never, ever ever consider doing something like this for personal property. I would definitely never do such a thing for personal property, such as my house, however I can see the benefits from a business perspective. For instance, if you had a mortgage for a business property, you might choose to do something along these lines to help your business grow a little faster in infancy. For instance, I know a guy who has $2 mil invested in a blueberry farm. Blueberries don’t even produce anything for seven years. Year seven rolls around, he starts making money. Anything he can do in the meantime to minimize payments or push them off till later would probably make sense.

But to reiterate – I would never, ever ever consider doing something like this for personal property.

]]> By: Greg http://www.lexchoice.com/2008/08/negative-amortization-negam-loans-actually-exist/comment-page-1/#comment-3719 Greg Sat, 20 Sep 2008 01:22:47 +0000 http://www.lexchoice.com/?p=237#comment-3719 Not sure I would ever do a negam loan. I would need some more information about the loan, especially the pros of a negam to actually use one. negam loans sound like a bad deal all around to me? Not sure I would ever do a negam loan. I would need some more information about the loan, especially the pros of a negam to actually use one. negam loans sound like a bad deal all around to me?

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