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Kristin Cooper
4
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30
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FINANCING OPTIONS IN CA FOR A RENTAL

Kristin Cooper
Posted

I just completed my first rental home purchase as a co-borrower with my mom to get her into a home and out of a rental. In looking at homes for her I got the bug to buy more.  I have access to capital, I have excellent credit.  The quotes i have gotten for a rental home are in the 5% interest range with a high pt cost $8k.  Is this typical?  What are my other options?  

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