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Updated almost 5 years ago,

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Dave Shrock
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What is a good interest rate for a buy and hold rental?

Dave Shrock
Posted

Hello I finally have a 4 plex under contract, So I am wondering what % interest rate are you all paying for a 30 year mortgage with 20% down? I have excellent credit 800 or better. Also wondering about closing costs, What can I expect? what is normal and what is to high?  I was quoted 4.5% with closing costs as high as $4,000. I welcome your feed back. Thank you. 

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