This is Pure Genius

Here’s a novel idea: 1. Buy a house. 2. Finance it with an adjustable-rate mortgage (ARM), interest-only ARM, or some other mortgage that will get your initial payment down so you can afford the house. 3. Don’t worry about the mortgage reset because the value of the home will continue to increase and you can just refinance into another mortgage before your payments go through the roof. 4. If, for some unforseen reason things don’t work out and the value of your home sinks to below what you