How do you decide what terms to get the loan for a multi property

Question

What criteria or what formula would you use to decide what terms to use when purchasing a property?

30 years 15 years?

Leo Lopez · Answer

Im looking at a deal right now for a multi family. I want to get advice for what offer to make on the property. So I can make a good investment.

Ive heard the roi percent 8-12, 100 dollars cash flow per unit

But with these what term am i looking for how much down should i give.

can anyone help?

Leo Lopez · Answer

What do you think makes the most sense?

Harjeet Bhatti · Answer

@Leo Lopez All depend if you are looking for positive cash flow go for 30 year fix. If you want to create higher equity position you can go with 15 year fix.

How do you decide what terms to get the loan for a multi property

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