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Updated over 15 years ago,
15 yr or 30 yr
My banker suggested I would get financing easier if I chose a 15yr note on my investment properties. He says those are commercial loans which his bank treat differently than 30 yr notes. Does this sound correct? I don't need cash flow, so I don't mind doing 15 yr notes. I have 5 properties that are paid for and I am looking to leverage those to grow my holdings.
THanks.