SPECIAL: Stacking Deeds Episode 1 - "Top 5 Places to Start With Real Estate Investing"
The Stacking Benjamins Show
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Fixed Rate Mortgages - When Doesn't Arm Make Sense?
A fixed rate mortgage creates a lot more risk for the banks, so they're going to give you a more attractive rate if you're willing to have an arm. I think an arm makes sense if it's the only way you can buy the property. Or if you are planned to only stay there within the arm period. If your plans for that property are going to be fixed for five years only, go for it and get the lower rate. You might as well get that lower interest rate now.
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