Mortgage on a Condo investment - Question

[Sid K.]

Hi Guys - I have been investing in cash deals(BRRRR) over the past few years and have got to around 10 doors. I have a potential condo I am looking to invest in and think given the low rates, may make sense to go ahead with a mortgage . The property price is $185k and I intend to put 25% down and take out a 30 year mortgage. Credit Score is stellar ( 800+)

I have worked with a few lenders and the best deal I am getting is 3.25% for a 30 year fixed , no origination or lender fees , $500 appraisal and $1200 credit at closing . I was wondering what you think about this mortgage, you think this is fair , or do you think I can get better ?

Thanks.

[Russell Brazil]

You Are being quoted an owner occpant rate and not an investor rate.