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Updated almost 8 years ago,
How to Finance Rental SFH "Traditional" vs "Investment"
I have been exploring options for financing a SFH that I would not be living in (BRRR). I mentioned that I would be using the property as an investment to a lender and next thing I know the required % down as well as mortgage rate both increased significantly (5% and 1 point respectively).
My question is, how are folks approaching this? Which mortgage product has worked for you or someone you know?
Thanks in advance for the input!