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Originally Posted by Rain Man
Holy cow. Are you banking with the mob or something?
I had no idea rates were that high.
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Rentals are commercial loans. No Fannie/freddie shit.
Quote:
Originally Posted by Hog's Gone Fishin
Taking an ARM at the time gave me the best interest rate 10 years ago. I'm almost out from under my mortgages completely so timing worked out OK. I got 15 year Mortgages with 5 year ARM's and have paid ahead on everything. 12 more months and I'm debt free. I'm selling a couple properties and will dump about 150K into high yield dividend funds and pull 50% of those divi's to finish paying off my existing debt.
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I get it on commercial loans. I had to fight like hell to get a fixed 20 on my land purchase in 2019.