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Updated about 5 years ago,
FINANCING OPTIONS IN CA FOR A RENTAL
I just completed my first rental home purchase as a co-borrower with my mom to get her into a home and out of a rental. In looking at homes for her I got the bug to buy more. I have access to capital, I have excellent credit. The quotes i have gotten for a rental home are in the 5% interest range with a high pt cost $8k. Is this typical? What are my other options?