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Updated over 10 years ago on . Most recent reply
Mortgage on a rental
For most of you that do a buy and hold strategy... how long of a mortgage do you get and why? For instance, a 10 year, 15 year, 30 year?
Most Popular Reply

100 if I could get it. My cash flow would go up.
Now, having said that, as an investor I would probably want to pay it off in 10 - 12 years if I can (the 100 year mortgage I wish I could get). Then I would refinance and use the equity I just manufactured again.
Then pay that (again the 100 year I wish I could get) mortgage in 10 - 12 years, and re-use those funds again, and so on...
Joe Villeneuve
REcapSystem
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