- Steve Lewis prefers to finance investment properties with a 15-year mortgage.
- The pa… [+2746 chars]
Lifestyle Property
A real-estate investor who has financed properties with both 15- and 30-year mortgages has an obvious favorite. Why he'd always pick the shorter one.
Real estate investor Steve Lewis prefers a shorter-term loan for a few reasons, the main one being that it allows you to build equity much quicker.
![A real-estate investor who has financed properties with both 15- and 30-year mortgages has an obvious favorite. Why he'd always pick the shorter one.](https://img.easybranches.com/uploads/news/2024/09/14760848.jpg)
Real estate investor Steve Lewis and his wife Belkis reside in New Jersey.Courtesy of Steve Lewis