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Updated over 11 years ago,

User Stats

10
Posts
0
Votes
Luke Woods
  • Hampton, VA
0
Votes |
10
Posts

15 year or 30 year?

Luke Woods
  • Hampton, VA
Posted

what is your preferance when purchasing a rental property? I know 30 year increases your profits because your paying less per month but you will also pay more in interest on the other hand if you go 15 your profit is less but you get your unit(s) paid off 2x as fast?

Also what would you susggest for a first time rental owner? 15 or 30

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