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Updated over 1 year ago,
DSCR Rates in the Midwest
Hi all, I'm a new investor looking to acquire my first property. I've been looking at some multifamily properties in the 1.5-2m range and am planning on putting down about 800k. The DSCR loan quotes I've gotten have a 9% interest rate. That seems a bit high to me, what do you guys think?