House hacking lets you live in one unit and rent out the others, which can help cover your mortgage and generate some extra income.

A cash-out refinance would mean taking on an entirely new mortgage, which may not be necessary at this time.

Excuse me It called note and mortgage in Ohio.

I've done deals like this where I've had the seller hold a small second, subordinated to the banks 1st position mortgage, with payments to the seller deferred until balloon payment which I make coterminous with the bank's mortgage.4.) 

This can be challenging when trying to purchase a condo with a mortgage.

Deduct property-related expenses like mortgage interest, depreciation, and maintenance for tax savings.

Sure you can put a mortgage on the properties and leverage them but then you have a mortgage payment to calculate in.There are some trainers out there that tell people buy 1 house a year until 10 then stop and in 30 years you will have 10 houses paid off for retirement etc.

SECTION 8 ANALYSISSection 8 Rent permitted            $1785.30Subtract Utility Allowance             - 468.00    Actual Rent Charged               $1317.30Subtract Mortgage                         - 500.00Subtract Prop Mgmt Fee               - 131.73Subtract Taxes (20%)                     - 263.46Subtract 10% Vacancy                   - 131.73Subtract 10% Cap Ex                      - 131.73            CASHFLOW TO US             $ 158.65STANDARD LEASE ANALYSISMonthly rent (asking amt

We run calculators on what you can expect for expenses beyond your mortgage, I don’t like surprises.

STR can be exciting from many angles - Cash Flow, Appreciation, and best of all.. having a place to visit while renters pay down your mortgage (even near the beach!).