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Updated almost 6 years ago on . Most recent reply

Wendy S.'s profile image
Wendy S.'s profile image
Wendy S.
  • from Ellenwood, GA
  • Member since Nov 21, 2016

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Wendy S.'s profile image
Wendy S.'s profile image
Wendy S.
  • from Ellenwood, GA
  • Member since Nov 21, 2016
Wendy S.
  • Ellenwood, GA
70
Votes |
267
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Private Lending & Conventional Mortgage Advice

5.25% Interest rate on investment property

Wendy S.
  • Ellenwood, GA
Posted

Hi all.

Is 5.25% on a 30 yr conventional loan with 15% down and excellent credit, about where the market is right now on less than a $250,000 property or should I be shopping lenders, considering I'm using a broker.

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Nick C.'s profile image
Nick C.'s profile image
Nick C.
  • Investor
  • from Tampa, FL
  • Member since Oct 5, 2011

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Nick C.'s profile image
Nick C.'s profile image
Nick C.
  • Investor
  • from Tampa, FL
  • Member since Oct 5, 2011
Nick C.
  • Investor
  • Tampa, FL
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Nick C.
  • Investor
  • Tampa, FL
Replied

If the property is in your name you can do better. If the property is in an LLC that's about the going rate.

  • Nick C.
  • [email protected]
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