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Updated over 4 years ago on . Most recent reply

Bruce Runn's profile image
Bruce Runn's profile image
Bruce Runn
  • Investor
  • from Minneapolis, MN
  • Member since Nov 10, 2014
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Bruce Runn's profile image
Bruce Runn's profile image
Bruce Runn
  • Investor
  • from Minneapolis, MN
  • Member since Nov 10, 2014
Connect
Bruce Runn
  • Investor
  • Minneapolis, MN
924
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742
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Buying & Selling Real Estate

Interest rates on investment property?

Bruce Runn
  • Investor
  • Minneapolis, MN
Posted

Just financed a new SFH at 3% for 30 yrs, sold a duplex where the buyer is owner/occupying at 3.5% for 30 years but when I've talked to 2 banks about new loans/refi's on investment property and they are quoting 4.5-5.5% interest rates-anyone running into this/know why?

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