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All Forum Posts by: Jacob Novicke

Jacob Novicke has started 1 posts and replied 1 times.

Private Lending & Conventional Mortgage Advice

Post: Rental Refinance Interest Rates and Fixed

Jacob NovickePosted
  • Posts 2
  • Votes 2

Good Morning , 

I am about to refinance 3 of the rental homes I own that our currently own in Texas and was wondering what kind of interest rates you guys are seeing for single family rentals that are held in a LLC's name?

Next question, are your lenders able to do fixed rates on these loans?  My current local bank has them with over 5% interest rates and it is not a fixed rate for the entire duration of the loan.  This scares me and with interest rates so low, I want to lock them in for the duration of the loans.

Thanks,

Jacob

2 Votes