Most people don't realize that loans change hands.

But, depending on loan to value and credit should be able to do much better then 10.24%.And the 10 number you mention is only for conventional loans.

Can I use it as colleterial for a loan to add to the down payment amount for a new prospective investment property.

Have you looked into DSCR loans for your next purchase?

How do investors handle rental income and student loans?

@Hussein MyrBanks typically do not give loans against LLC investment companies.

We're both eager to diversify into real estate investments.Although our home base is in New Hampshire, we're open to  investing wherever we can maximize our returns.Primarily interested in multi-family investment properties to leverage our first-time homebuyer loans effectively.Initially, our focus was on purchasing properties in the New England Region (mainly NH & MA).

If you have not already used it, you can do an FHA loan with 3.5% down and buy up to 4 units.

Not to mention the  emotional toll it takes on a property owner and the aftermath of finally getting your property back then perform expensive repairs.  

@Derek Nemec- can you qualify for a " regular" loan or  are you after a DSCR  type loan ?