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Updated 8 months ago on . Most recent reply

User Stats

103
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Karolina Powell
81
Votes |
103
Posts

Anyone close to 7% or under?

Karolina Powell
Posted

I'm looking to make two SFH purchases (~250K and ~200K). Can do a DSCR or full doc loans but these will be long term rentals. Adequate W2 income and 780+ credit score. Properties will be bought in an LLC and are located in western Pennsylvania. Is anyone close to or under 7% interest with only 1-2 points? Looking for 80% LTV but can do 75% if rates are much better.

Thanks

  • Karolina Powell
  • Most Popular Reply

    User Stats

    1,125
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    Patrick Roberts
    #2 Creative Real Estate Financing Contributor
    • Lender
    • Charleston, SC
    945
    Votes |
    1,125
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    Patrick Roberts
    #2 Creative Real Estate Financing Contributor
    • Lender
    • Charleston, SC
    Replied

    I dont lend in PA, but this should be achievable with 25% down assuming these are SFR and not condos.

    • Patrick Roberts
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    Patrick Roberts - MLO - Assurance Financial
    5.0 stars
    14 Reviews

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