Recent content by DEO

Thanks for the information! Don

Thanks DanW! I'm not sure why we were told that. I was given different information from another broker afterwards. It pays to find the right one. Don

Thanks for the advice Sherilynn. We are new to this way of investing and it sure helps to have experienced real estate investors share their wealth of knowledge. Take care, Don

Thank you Thomas. We decided to go with the 25 year amortization. I appreciate the advice you provided. What a great resource this forum is! Take care, Don

We have just purchased our first investment property. My thought was to obtain a mortgage with a 30 year amortization to lower the mortgage payments and therefore increase cash flow. We have been offered a closed mortgage with a prime minus .5 variable rate for a five year term. This mortgage...