Financing and Lending for Experienced Investors

[Andrew Meng]

Hi BP family,

I'm a first time investor, and thanks to all of y'all, I'm about to purchase my first multi-unit property. I'm located in San Diego but I'm purchasing this property in Las Vegas. I have the cash to purchase this property, but I'm asking the more experienced investors on what they would do to leverage financing from the banks so I don't have to deplete my capital. Ideally I want to put 20% down and finance the other 80%, but how do I go about doing this and what interest rates would make sense?

The end goal for me is to figure out the cost of my mortgage relative to my NOI because I will be looking to Refi the property in the future.

Looking forward to your replies,