What are you seeing for interest rates on a duplex?
I am looking into buying a duplex in a nicer neighborhood of the Milwaukee area. I have great credit. The price would be around $160k and I would put 25% down. I recently got quotes from a mortgage broker and they came back at 5% with $5,000 in closing costs. This seems ridiculous to me. Am I right or are these the going rates in today's climate?