re: Paging all Real Estate Investors - Topic: Mortgages

For traditional mortgages. 20% for first 4. After that many want 25% down. Private lenders could want as much as 50% down

I have quoted below 4% on investments recently but it really depends on the overall picture.

If you locked your investment before mid March, you should be in the 2 or 3% range.

If you want a quote, give me property value, loan amount and credit score, I can pull up pricing.

Currently we are in a locking status because due to backing off Fibonacci resistance.

quote:

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3.25 for 30? Dang. Do you have a contact?

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Leave an email address up and I will shoot you the contact info.

If it’s FNMA, and you’re locking in Monday, you’re looking at upper 3’s( with a 60 to 70 Ltv on a 1 unit) or mid to upper 4s with an 85 ltv single unit.

How many you own doesn’t play a role for your rate(unless you own more than 10 financed properties but that’s another conversation,) but the number of units does for each property that is within 1 to 4 units per property. 2-4 units are often higher rates however, they require more down payment so it could even out the scale a bit depending on each lenders specific pricing sheet. I can only speak for mine.