I’ve read that flippers will use ARMs because they plan to flip it before their rate adjusts upwards. There are ARMs that guarantee not to increase payments for

I’ve read that flippers will use ARMs because they plan to flip it before their rate adjusts upwards. There are ARMs that guarantee not to increase payments for, say, two years. But you’re basically just taking on increased risk for a better rate and/or much less money down. The flippers who do it understand the risk, they just don’t care.