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All Forum Posts by: William Strom

William Strom has started 2 posts and replied 3 times.

Post: Rate buy down lender

William StromPosted
  • Posts 3
  • Votes 1

Thanks for the reply. Yes I’m looking at Condos for a potential LTR. 

I’d like some information on rate buy downs. Can all lenders do them. I’m a new investor. I secured a 5.75 percent rate on a new build recently. I’d like to buy a condo as a LTR but I’m going to need the rate to be around 5 for the deal to work. 

Are condos a good investment? I’m looking at getting one for a long term rental.