Updated over 7 years ago on . Most recent reply

Bank for 30 year amortization on rental property
Hello,
I'm looking around for an investor friendly bank that offers a 30 year amortization without being over 6% interest. I've checked around a few places without much luck.
When they find out it's going to be a rental property I stop getting the conventional loan rates of 4-5% for 30 years. And a 30 year makes my CoC ROI look so much better.
So, does anyone have any contacts or suggestions of places to hit up?
Thanks a lot.
Most Popular Reply

@Thomas Shaw Did you check with the bigger banks? They're less flexible but usually offer lower rates.