15 year or 30

[Jonathan G.]

Question, first deal. For a Single Family Home. What would you suggest, 15 year fixed or a 30 year fixed? Please tell me which one and why and also if you are willing positives or negatives if either. Thank you all so much.

[Brie Schmidt]

@Jonathan G. - 30 year. As you grow your portfolio your DTI will become a bigger deal. With a 30 year mortgage the loan amount is lower so it takes up less of your DTI. You can always pay the amount of a 15 year if you want