General Real Estate Investing
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated almost 3 years ago,
Financing short term rental under an LLC.
Hi everyone, first post since joining bigger pockets. My question is about bi weekly mortgages. We are in the process of getting pre-approved for our first STR and the lender is offering a 30 year fixed rate mortgage, 20% down but they require a bi-weekly mortgage payment.
My question is what are the pros/cons of a bi-weekly mortgage?