Updated over 3 years ago on . Most recent reply
Financing short term rental under an LLC.
Hi everyone, first post since joining bigger pockets. My question is about bi weekly mortgages. We are in the process of getting pre-approved for our first STR and the lender is offering a 30 year fixed rate mortgage, 20% down but they require a bi-weekly mortgage payment.
My question is what are the pros/cons of a bi-weekly mortgage?