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Updated about 6 years ago,
I can't find a fixed rate mortgage for my 4-plex purchase!
Greetings All,
I have a 4 unit building under contract and have called a dozen or so banks all of which are only offering adjustable rate mortgages. I will not be occupying the property. I was under the impression anything under 4 units could still qualify for residential loans. Anyone else have this issue or can recommend a bank in Wisconsin that does fixed rate for non owner occupied investment properties? Thanks in advance.
cheers
Adam stroik