Adjustable or fixed-rate?

[Rich Weese]

I'm in the process of attempting to increase the amount of cash reserves I have for anticipated purchases in the near future. As many of you know, I am a buy and hold investor and do have properties that are free and clear.

At the present time it appears very able rates are under 3% while fixed rates are in the high threes. I'm curious as to what you would do and why?

I don't deal with financing very often and am actually not very experienced in that arena and this is the reason for my question. I do tend to consider the following two items in attempting to make a decision so if you would like, take this into account also.

1-the difference in the amount of payment will not matter in my monthly living expenses.

2. All of my properties go into a bypass trust for grandkids so the end result when the properties are paid off free and clear will have no relevance to me.

Appreciate any thoughts or input into this discussion.

Thanks. Rich