Current loan: fixed at 6.25% 30 years. Credit rating: fair. I want to lower my monthly payments. I know the longer span will result in more interest paid, but I need cash flow… I don’t want to need to borrow money.
I have bought properties in various states, but I do have negative cash flow. Not much, just some, but that still disapoints me. Should I be disapointed. Can any one provide me with comforting data, not just opinion?