Cash-on-cash returns are what remain after vacancy costs, mortgage, and expenses.

What is also very common is to charge a more aggressive security deposit or do a regular security deposit plus a monthly Security deposit alternative on top of rent to ensure you are properly Collateralized.

My cash flow was a little negative, but for the most part I did thing my parents told me to of paying down a mortgage using rental income.By 2020 I had moved to a different state and a pandemic happened.

im her son and im living here paying the mortgage. her name is on the mortgage, but her name and my name are both on the title. im trying to pull out 100k of the equity to use for other things. no i dont have a lease i just send her the money every month and she uses it to pay the mortgage. 

Is there a way to qualify a short term rental to offset the mortgage like you can with a long term rental? 

Hey Abby,I am a Mortgage Branch Manager and my team specializes in working with investors.

Covid made remote closings a lot more common, perhaps before the proper protocols were in place for them.

Take ownership of your mistake and learn to do the proper due diligence recommended above😊

Consider the diverse financing options available, including 30-year mortgages, fixs & flips, cash-outs refinance, ground-up constructions, And commercial properties?.

. $800/mo can get you a $100k mortgage.