What kind of portfolio rates are you seeing?

[Mike D.]

What kind of rates are you seeing in your market for investment property purchases?

I'm being quoted 8-8.5% in Iowa. That's for 25% down SFH purchase with an established track record.

Are there better rates nationwide or is that about as good as it gets?

[J. Mitchell Bernier]

Down in South Georgia, we are quoting about the same. Some very high NW clients with strong reserves are seeing some 7's, but that is very rare. 

[Raymond J. Rodrigues]

I am seeing rates in the high 6s and 7s for investment, depending on percentage of down payment and credit score. 

[Matt McCurdy]

Hey Mike! 👋 

Local investor here. I'll DM you some options on financing. I'm currently getting mid to high 7's with 20% down as long as your DSCR is above 1.25.

[Austin Clarence]

Quote from @Mike D.:

What kind of rates are you seeing in your market for investment property purchases?

I'm being quoted 8-8.5% in Iowa. That's for 25% down SFH purchase with an established track record.

Are there better rates nationwide or is that about as good as it gets?

I just quoted a client buying a multi unit investment property in the high 6%'s with no points last week. Pricing is still in the same ballpark. I will shoot you a message to learn more about your project and give you quote and hopefully some more helpful information. 

[Mike D.]

Thanks for the replies guys. Just to be clear I'm looking for loans to an LLC. I'm not putting anything in my personal name.

[Stacy Ross]

That is what I have been seeing for interest too. Altho default I do is 20 percent down or try to find less. 

Green state CU has a one time investment loan at 10 percent down. Sometimes other banks match.   

I have heard of people using Hurst Lending with 15 percent down. I have not gone outside local CUs

[Kevin Hill]

@Mike D. We are a direct lender and we would be in the low 7's right now for that scenario. 

[Carrie Matuga]

@Mike D. I'm seeing rates in mid 7s right now with that kind of a ratio.