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Updated over 7 years ago on . Most recent reply

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Troy Iversen
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  • Staten Island, NY
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15 year vs. 30 year mortgage

Troy Iversen
  • Staten Island, NY
Posted
What is better to do 15 year or 30 year mortgage if I'm trying to become a real estate investor?
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Brent Coombs
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  • from Cleveland, Ohio
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  • from Cleveland, Ohio
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  • Cleveland, OH
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Brent Coombs
  • Investor
  • Cleveland, OH
Replied

Remember, no-one's stopping you from paying off a 30 year note in just 15 years, or even less.

But guess what'll happen if you suddenly need to slow down your payments on a 15 year note?...

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