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Updated almost 5 years ago,

Mo Muigai's profile image
Mo Muigai's profile image
Mo Muigai
  • Rental Property Investor
  • from Minneapolis, MN
  • Member since Oct 15, 2019
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User Stats

85
Posts
21
Votes
Mo Muigai's profile image
Mo Muigai's profile image
Mo Muigai
  • Rental Property Investor
  • from Minneapolis, MN
  • Member since Oct 15, 2019
Connect
Mo Muigai
  • Rental Property Investor
  • Minneapolis, MN
21
Votes |
85
Posts
Starting Out

Interest rate of 5.75% on investment property???

Mo Muigai
  • Rental Property Investor
  • Minneapolis, MN
Posted

Recently closed on residential with rate of 3.5%. I know investment properties run higher rates but is 5.75% a bit too high or that’s typical? This will be my first purchase of actual investment property.

Thanks!

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