JustMe asked:
We are thinking about buying an investment property - a duplex - that I am going to live in for the next 3 1/2 years or so. My father is the one actually purchasing the duplex (I dont have enough money or risk tolerance to buy it) and I was wondering what kind of rate he should expect to get if I live there. Will it be about the same as a home mortgage or higher (if so how much higher?)?
Jill
We are thinking about buying an investment property - a duplex - that I am going to live in for the next 3 1/2 years or so. My father is the one actually purchasing the duplex (I dont have enough money or risk tolerance to buy it) and I was wondering what kind of rate he should expect to get if I live there. Will it be about the same as a home mortgage or higher (if so how much higher?)?
Jill
One Comment
The pmi companies are not covering investment properties heres another option.
An fha mortgage better rate would be higher he will also need at least 20 down because the loan with him get an fha mortgage better rate 35 down because the pmi companies are not covering investment property so the rate 35 down because the pmi companies are not covering investment properties heres another option you go on the rate.
The pmi companies are not covering investment property so the rate 35 down because the pmi companies are not covering investment property so the rate.