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Updated about 10 years ago on . Most recent reply
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How long should I finance a property?
I am looking at my first multi-unit property and using the deal analyzer to determine my ROI and CAP rate. However, the numbers vary widely depending on which amortization period I use.
I am interested to know what amortization period others have chosen and why.
Thanks in advance.
Most Popular Reply
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Given the ultra low interest rates of today... and generally a very small difference in rates between 15 and 30 year terms, generally speaking 30 years is a no brainer if it's available and fixed. It's a HUGE inflation protection measure and maximizes your cash flow (which allows you to generate further cash flow).