Choosing Between a 30-Year Mortgage and an Adjustable-Rate Mortgage

They discuss the pros and cons of getting a 30-year mortgage versus a seven or 10-year adjustable-rate mortgage (ARM), highlighting the importance of considering one's financial situation and risk tolerance. They also touch on the uncertainty of future interest rates and emphasize the need to accumulate assets in desirable locations to build wealth.

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DON’T sell your low-cash flow rental property just yet—you could make it a cash cow with one quick strategy switch. At least that’s Rob Abasolo’s advice as he joins David this Sunday for a Seeing Greene episode, where they take questions directly from BiggerPockets listeners, commenters, and reviewers! And even if you don’t have your first rental in the bag, this episode will be worth tuning into.

David and Rob discuss whether buying your first property with a fixed vs. adjustable-rate mortgage (ARM) makes more sense with today’s high interest rates. Then, we hear from an investor looking to sell their rentals and move that money into a bigger city with more appreciation potential. The problem? Their rentals are making some serious cash flow. Speaking of cash flow, we hear from an investor who’s got a townhouse that COULD become a rental but would have some meager returns. Is it worth keeping? Tune in to hear answers to all those questions and more!

Want to ask David a question? If so, submit your question here so David can answer it on the next episode of Seeing Greene. Hop on the BiggerPockets forums and ask other investors their take, or follow David on Instagram to see when he’s going live so you can hop on a live Q&A and get your question answered on the spot!

In This Episode We Cover:

How to turn your low-cash flow rental into a passive income machine

Partnering with family members on a rental and how to split the profits

Fixed-rate mortgages vs. adjustable-rate mortgages (ARMs) and whether the low rate is worth the risk

When to trade your stable, cash-flowing rentals for long-term appreciation in a better market

Why lenders DON’T want you to downgrade to a cheaper primary residence (and how to get around it)

And So Much More!

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