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Updated about 6 years ago on . Most recent reply

What to choose? (15year note) or (30year note)
obviously my Cashflow is going to be much better on a 30-year note .
And it's not like I'm actually going to hold for 30 years...
One of my mentors just told me I was crazy or even thinking about 30 year note .
$50,000 property barely cash flows as it is . Putting it on a 15-year note would only make it pay for itself no negative Cashflow but no positive either
What are your thoughts guys