Army guy needs help

Army guy needs help

What is the typical mortgage rate on investment property? I have heard 8% but wanted to make sure this is most current figure...

Also, when doing calculations Im figuring costs should be:

1. Mortgage
2. Insurance
3. Taxes
4. PMI if I put only 5% down

This leads me to my next question- are there any mortgage companies only doing 5% down. If so- what are they:)

Thank you everyone!Smiling


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