50 Year Mortgage

[Erik Johnson]

Has anyone tried to get mortgages for longer than 30 years? I am thinking if I could try to get a 40-50 year mortgage I could get more cash flow out of the properties in the short term. Are there any companies that will give you a 40-50 year mortgage on an owner occupied house?

I plan on buying a duplex and living in half for a year or two and then rent out both sides.

[Dawn Anastasi]

I personally have never heard of a 50-year mortgage.  30 years is a long time as it is.