Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Market Trends & Data
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated about 2 years ago on . Most recent reply

User Stats

87
Posts
26
Votes
Steven Denio
  • Investor From Portland, OR
26
Votes |
87
Posts

hunting for a IO loan at 65% LTV at a decent rate.

Steven Denio
  • Investor From Portland, OR
Posted

Hey there, just curious if anyone is seeing any decent private money rates for investments properties. I have a place I'm looking to refi out at 65% and hoping to find a IO in and around 5% if possible. 

Most Popular Reply

User Stats

1,139
Posts
358
Votes
Tarik Turner
  • Lender
  • Hackensack, NJ
358
Votes |
1,139
Posts
Tarik Turner
  • Lender
  • Hackensack, NJ
Replied
As of 10/19/2022 I can say with a fair amount of confidence a 5% interest only loan on a refi of an investment property isn't happening. (unless you have an uncle willing to cut a check)
You might be able to get into the mid 6% range on a 30 year but that would probably be the lowest rate that you will find.
Best of luck tho, hope you are able to land something favorable for your situation

Loading replies...