It's a heck of a lot cheaper than HML money, but I would still encourage you to shop around, particularly with credit unions and smaller, local lenders.

You can't shop the rate.

Frankly, most broker shops write conventional paper.  

I use craigslist a lot and the map feature is an efficient way to estimate rent for a property you're looking atYou can look at current listings and what prices homes sold for on Redfin Shop for financing (2nd loans, HELOC..etc) from as many sources as you can - Chase gave you one option, get other options from other banks and credit unions in the area. $40,000 (for total purchase price) might not get you a SFR in the antelope valley but might get you a mobile home - $6,000 will of course limits your options.

We could get coffee! 

Hey @Marc Henderson - you should go shopping around to your local banks, possibly starting with the one you keep the most money at.  

My advice to you if you are just starting out is first learn to read numbers so you know then what you are looking at while you shop.

I usually shop loans around to around 8-10 different commercial lenders at local banks that I already have relationships/loans with.  

My aunt had to have truckloads and truckloads of dirt brought in because her north jersey auto shop tenant spilled oil.

Watch for the expiration dates some of those may expire in a week or less so may not be useful by the time you shop.