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Updated over 7 years ago,
Financing for 2-family investment property
Hi all,
I recently put in an offer on a 2-family investment house and it was accepted! I currently live in one half of a 2-family house and rent the other half. For my current home, we used conventional financing with my local credit union and got really great rates with minimal fees. I am reaching out because this is the first time we will be using a broker. I have been shopping around and wanted to see if I could get some advise re: fees. Are there specific fees that are negotiable? I know the interest rate is set but I am trying to see how to make the best decision/save the most money upfront. We live in NY (Long Island). Thanks in advance for all your advice!