15-Year vs. 30-Year Mortgage... which should you go with and why | Patreon Exclusive
🕑 Added 2021-07-17 18:42:26 +0000 UTCThis video is a Patreon exclusive and NOT TO BE SHARED. I appreciate you all. If you have any questions, please reach out to me.
Comments
Robert Whitehead
Interest is the Enemy!!!
marcus johnson
Question! So is the the same methodology for rental properties? If so is it Bren cash flowing ? Or is this just to be profitable 15 years down the line?
Reginald Greene
I've been pouring into the videos the last few days and came to a realization. Most people including myself will look for confirmation from someone who will agree with what we already want to do to justify it rather than someone who will tell you what is in your best interest. Appreciate the content.
MIRACLESxSUCCSESSetPEACE🟤
Goat vid
Barclay Lewis
Big Pete, Bankrate has a robust mortgage calculator: https://www.bankrate.com/calculators/mortgages/mortgage-calculator.aspx
Big Pete DC
Hey Anton, Could you show us an amortization schedule to give a visual of how prepayments on the loan will eliminate the interest associated with the prepaid principal.
Raymond Brown
I really thought I was going to disagree with this more until i went through it. It's just a different strategy than what I'm doing. I took the 30 on my primary residence which I'm house hacking and getting $150/month cashflow on. I'm praying extra on the principal every month, but my priority is getting as much cash into my investment strategy as possible which is beating my interest rate by many orders of magnitude. As my income increases I am making sure to allocate more towards my mortgage as well.
Michael jackson
I say this everyday to co workers
Gavin Rumph
Just opened my eyes on buying vs renting
Vilken J SAINTFAR
As a Junior in college right now I learned a lot than school
Fernando Renteria
My wife and I went from a 30 to a 15 year loan with a refinance. At the lowest interest rate possible. The biggest take away from this move for me was this - A) I honestly felt like I've saved TIME, not only money. B) If and extra hundred dollars with save me thousands in the long run, then so be it!
L.T.
I know you asked AD Brother, but just chiming in, I have never done this myself, although you can. I use a Property Manager, that I can hold accountable to collect rents, address maintenance, supply tenents, and serve as a one stop shop. I farm out that work so I can get to the paper in my day to day to buy more properties.
Rohaun mcneil
Thank you for the breakdown
Jalonni sorrell
What system do u use to collect rent from so many properties
Marlon Wymbs
Great breakdown. Easy and simple to understand.
Rohan Haye Jr
Thanks for the Game I’m tapped in
Carey Lucas
You can touch on why renting where you live is better than owning? Currently looking at purchasing a home during my next move but really considering renting since I’m in the military and move every 3 years or so.
Amanda (Adorkable)
I'm curious about this approach too.
Mikhail Andrade
Great concept. What about taking a 30 year and paying it off early? That gives the flexibility to minimize expenses if the rental is vacant.
Ms libra
Wow well when you explain it to us this way I'll take the 15 yr as well. I'm glad I haven't jumped into buying a house just yet. Thanks Anton
David Napoleon
Thanks for continuously pouring into us
NinjaDad04
We usually throw in $1500 to 3k to principle per month. 5 yr pay-off plan.
Demario Don
Keep em coming brutha I’m locked in