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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.


  • Sep 08 2024
  • 9
  • 333 Views
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.
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 and his wife Belkis reside in New Jersey.Courtesy of Steve Lewis
  • Steve Lewis prefers to finance investment properties with a 15-year mortgage.
  • The pa… [+2746 chars]

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