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Updated almost 4 years ago on .
Podcast 473: Why did David refinance into 15 yr mortgages?
Hi everyone
Just listened to podcast 479 and during the intro @David Greene said his best day was refinancing into 15 yr mortgages.
I don't understand why he would do this? 15 yr = bigger payments, less cash flow. I understand you'll build equity in the properties more quickly but if the goal is to accumulate properties, wouldn't it be better to save the cash in order to fund more acquisitions?
There's something here I'm missing. Would love some help.
Thanks, Nick
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