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Updated over 10 years ago,
Loan Terms and Cash Flow
The strategy I am thinking about implementing is to buy rental properties, and then utilize the cash flow to buy additional properties. Is there any reason I would want any other loan term rather than a 30 year fixed rate? I have read real estate investment books that talk about paying down the principle as fast as possible. This seems counter-productive to me, as it seems the cash flow would be better utilized as leverage for additional properties. Am I missing something here?