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Mo Muigai
  • Rental Property Investor
  • Minneapolis, MN
21
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85
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Interest rate of 5.75% on investment property???

Mo Muigai
  • Rental Property Investor
  • Minneapolis, MN
Posted Feb 12 2020, 01:05

Recently closed on residential with rate of 3.5%. I know investment properties run higher rates but is 5.75% a bit too high or that’s typical? This will be my first purchase of actual investment property.

Thanks!

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