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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.

By: Business Insider

Oct 07 2024
10
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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. — A real-estate investor who has

Real estate investor Steve Lewis and his wife Belkis reside in New Jersey.Courtesy of Steve Lewis

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