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Updated over 4 years ago on . Most recent reply

User Stats

42
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25
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Mike Gordon
  • San Jose, CA
25
Votes |
42
Posts

Investor Loan Options

Mike Gordon
  • San Jose, CA
Posted

As an investor, when taking a relatively large >$500k portfolio loan which option would you choose and why?

5/6 ARM at 3%, $1800 in points + $1000 closing costs

30 yr fixed at 3.5%, no fees and closing costs covered by rebate except for prepaids

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