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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Quick takeaways

Opting for a 30-year mortgage enhances cash flow for investors, providing a buffer during economic downturns with lower monthly payments.

The flexibility of a 30-year mortgage allows investors to adjust their payment strategies according to market conditions, helping them manage finances proactively.

Deep dives

The Case for a 30-Year Mortgage

Choosing a 30-year mortgage over a 15-year mortgage provides significant financial advantages for real estate investors. While a 15-year mortgage typically offers a lower interest rate and quicker equity build-up, the monthly payments can be substantially higher. For instance, a 30-year mortgage payment might be around $1,251, whereas a 15-year payment could reach $1,656, creating a difference of $405 each month. This additional cash flow can be critical for maintaining stability, particularly during economic downturns when cash flow can become constrained.

The Case for 30-Year Mortgages in Real Estate Investment

10min

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🎙️ Episode #386 – Think shorter is better? Not always. Chad Carson dives into the advantages of 30-year mortgages for real estate investors. Discover how this strategy can improve cash flow, weather economic storms, and help you achieve financial freedom faster.

📄 Show Notes:

https://www.coachcarson.com/30yearmortgage/

🎬 Timestamps: