Type of financing for a rental property
completely new to this and would like to know if when you find a property that you'd like to finance. would you be financing the same as you would a regular home for yourself or is it a different type of loan because it is an investment property?
thank you...
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I just locked in to a 30-year conventional loan for an investment property. The rate is 4.75%, paid small point $ 350 to get this rate.
It has been long time since I have had a mortgage, it was work to provide documentation on everything under the sun. I guess this is the new reality of doing business since 2008 debacle.
Any one picked a note on single family home investment property, if so what rates did you get?