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General Landlording & Rental Properties

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Jason Happe
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15 year Loan Paydown vs 30 year Natural Appreciation

Jason Happe
Posted Dec 3 2018, 09:39

Do you like loan paydown in a 15 year mortgage with less cashflow (no need to live off of properties' cashflow)?

Or 30 year mortgage with lower payment and more cash flow for use for rehab/maintenance?

In addition to our primary residence. I have 3 SFHs, 1 condo, and getting close contract on my first triplex ($185k). 2 homes are 15 year mortgages. Right now I am exploring refinancing of the 3rd home which is paid off. ($300k value)

Thank you,

Jason

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