Buy and Hold Amortization Years
Hi just posing a scenario out there for buy and hold investors. If you have a private investor willing to put up all the funds for a buy and hold, how long of a mortgage would you prefer? In our example you're buying a 100k house that rents for $900. You can get a 30 year mortgage and cash flow a couple hundred every month or you can get a 15 year and basically break even. Which would you prefer? I'm curious what long time investors would do because I may have a situation where I need to decide coming up.