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 financed properties with both 15- and 30-year mortgages has an obvious favorite. Why he'd always pick the shorter one.

Courtesy of Steve Lewis

Steve Lewis has experience with both 15- and 30-year mortgages — and if he buys more investment properties in the future, he says he'd pick the shorter-term loan every time.

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