Real Estate Investing with Coach Carson #386: Why I always get a 30-year mortgage (not a 15-year)
Feb 21, 2025
Discover why a 30-year mortgage can be a real estate investor's best friend. It offers enhanced cash flow and flexibility, allowing you to weather economic challenges effectively. Learn how it reduces risk and supports the rental debt snowball strategy for quicker property payoff. This approach can accelerate your journey toward financial freedom. Say goodbye to the misconception that shorter is better!
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30-Year Mortgage Advantage
- Prioritize 30-year mortgages over 15-year mortgages for real estate investments.
- This strategy offers lower monthly payments, reducing risk and increasing flexibility.
Risk Management in Real Estate
- The biggest risk in real estate is running out of cash, especially during economic downturns.
- Lower monthly payments with a 30-year mortgage provide a safety net.
Surviving the 2008 Crash
- Chad Carson survived the 2007-2009 market crash due to low mortgage payments.
- This experience solidified his belief in the importance of cash flow.