Are NOO Loan Rates Going Up?
We're negotiating a few properties at the moment that we'll be BRRRR-ing. I read a post on IG where someone was saying the non owner occupied mortgage rates are a point higher than they previously were and are on the rise.
I can’t seem to find any information online to corroborate this, but it has me a little nervous as that would put a big dent in our cash flow on these properties. Any insights would be greatly appreciated!