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Joey Vasquez's profile image
Joey Vasquez's profile image
Joey Vasquez
  • Homeowner
  • from Del Rio, TX
  • Member since Feb 20, 2014

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Joey Vasquez's profile image
Joey Vasquez's profile image
Joey Vasquez
  • Homeowner
  • from Del Rio, TX
  • Member since Feb 20, 2014
Joey Vasquez
  • Homeowner
  • Del Rio, TX
1
Votes |
11
Posts
Buying & Selling Real Estate

Type of financing for a rental property

Joey Vasquez
  • Homeowner
  • Del Rio, TX
Posted
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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Billy Smith's profile image
Billy Smith's profile image
Billy Smith
  • from Shawnee Mission, KS
  • Member since Feb 9, 2016

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Billy Smith's profile image
Billy Smith's profile image
Billy Smith
  • from Shawnee Mission, KS
  • Member since Feb 9, 2016
Billy Smith
  • Shawnee Mission, KS
313
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716
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Billy Smith
  • Shawnee Mission, KS
Replied

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?

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