3 ms·
Investors don’t get the same rates that homeowners do, but they are still quite low.
by thehappypm 4y ago
Investors don’t get the same rates that homeowners do, but they are still quite low.
- reverend_gonzo 4y agoOf the two additional properties I own, marked as investment and vacation, they are 3.5% and 3%, refinanced, and bought during the pandemic. The former, five years prior, was marked as non warrantable, as in no bank would even give a loan for it. So, while investors don’t get the same rates as homeowners, they still got very good rates. If I had had capital, I would have bought a dozen more units at that time. <5% == Free money.
- nsv 4y agoAnything under the inflation rate, which was 10% annual during that period, is free money.