Updated over 5 years ago on . Most recent reply

What is a good interest rate for a buy and hold rental?
Hello I finally have a 4 plex under contract, So I am wondering what % interest rate are you all paying for a 30 year mortgage with 20% down? I have excellent credit 800 or better. Also wondering about closing costs, What can I expect? what is normal and what is to high? I was quoted 4.5% with closing costs as high as $4,000. I welcome your feed back. Thank you.