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Updated over 4 years ago on . Most recent reply

Sunny Suh's profile image
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Sunny Suh
  • Real Estate Investor
  • from New York, New York
  • Member since Oct 7, 2014
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Sunny Suh's profile image
Sunny Suh's profile image
Sunny Suh
  • Real Estate Investor
  • from New York, New York
  • Member since Oct 7, 2014
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Sunny Suh
  • Real Estate Investor
  • New York, NY
46
Votes |
81
Posts
Private Lending & Conventional Mortgage Advice

Current Interest Rate??

Sunny Suh
  • Real Estate Investor
  • New York, NY
Posted

Hi BP Family,

So we're looking to buy our first out of state investment property in Indianapolis for 150k! Question is, going through a mortgage, they're claiming it is 3.5% with 2 points ($2,400) or 5%. Just asked another and it's the same. Is this really the best?? 

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Vinnia Tjhin's profile image
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Vinnia Tjhin
  • Rental Property Investor
  • from San Francisco, CA
  • Member since Jun 17, 2020
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Vinnia Tjhin's profile image
Vinnia Tjhin's profile image
Vinnia Tjhin
  • Rental Property Investor
  • from San Francisco, CA
  • Member since Jun 17, 2020
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Vinnia Tjhin
  • Rental Property Investor
  • San Francisco, CA
12
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27
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Vinnia Tjhin
  • Rental Property Investor
  • San Francisco, CA
Replied

@Sunny Suh

I closed on a property in Evansville IN couple weeks ago 3.5% and 25% down for a duplex. I have another under contract in Indianapolis and they just locked me in with the same rate. How much down payment are you putting down?

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