30-year mortgages

Hello all,

I am curious to know this forum’s general view of 30-year debt for rental property. I’ve had some commercial bankers tell me that deals that don’t work on “prime rate plus two” and a 20-year amortization aren’t worth pursuing. Ideally, I’d like to find properties that cash flow on a 15-year schedule, but deals like this rarely present themselves on the open market.
Which one is better: A decent cash flow with 30-year debt and solid appreciation, or a break-even cash flow with 15 to 20-year debt and lower appreciation?


depends on your financial situation. with the 30 year you could always pay it off early.