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Private Lending & Conventional Mortgage Advice

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Milind Torney
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Financing for investement property (newbie question)

Milind Torney
Posted Feb 7 2024, 07:32

Hi all,  I am new to real estate investing. I have finalized the investment property and researching conventional load options. 

1. As I understand, interest rates for investment property are priced higher. Is there any creative options here? I cannot use it is as primary home 

2. I am flexible with downpayment. With 25%. downpayment, I got quotes of 7.5% APR (30 year fixed). with no points. Is it good rate? What is the best rate I should be targeting in the current market.

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