4-PLEX Buy in LLC? Or 30 year conventional fixed?

[Jared Kotler]

I mean, come on folks, I haven't been in the forums for a while, and maybe someone asked this already, but on a 300K purchase the difference between non-recourse, 5,7 year fixed 25 year am, and a 30 year set it and forget it conventional fixed makes or breaks the P&L. 

What do I do? Suck it up and pay $1,700 a month for protection, or $1,200. Property brings in 3K. It's in west philly, and if someone sues me, isn't what insurance is for? I could overload on that for like $150 a month and still be better off. Thoughts? Or, does everybody hate me already... Cheers!

[Jonathan R McLaughlin]

@Jared Kotler commercial rates out there in the 3s and if you could get resets instead of balloons at 5 or 7 years I think the commercial is a decent bet. Increased paydown on the 25 year am offsets the gain by the 30 year fixed 

kinda like sex OR candy (see what I did there?--fan moment)

Fed is strongly signaling low interest rates for a while