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Updated over 3 years ago,
Any suggestions on lenders in the Raleigh/Durham area?
Hi everyone! I just want to join in on this forum. I am new to investing in the Raleigh/Durham area. My daughter just started in college there and I would like to buy a few rental properties. Any good suggestions for lenders? I just got pre-approved through a lender suggested by my agent and got a very high interest rate of 4.875%. Does that seem reasonable for an investment property ? I got a much lower rate to buy a primary residence recently at 2.9%.
Any thoughts or suggestions are welcome!