Ariel :
The biggest deception is this sentence:
“Your tenant pays your mortgage.”
The tenant pays rent. The owner remains legally responsible for everything—including the mortgage when the tenant does not pay.
What the post conveniently ignores:
* The $25,000 down payment is not the total cash required. There are loan fees, appraisal, title insurance, taxes, prepaid insurance, inspections, and other closing costs. The CFPB confirms that these costs are paid in addition to the down payment. (CFPB )
* A bank may not approve the loan. Investment-property mortgages generally require adequate income, credit, reserves, and a property that supports the loan.
* Rent is not profit. From it, the owner may need to pay the mortgage, property taxes, insurance, maintenance, repairs, management, HOA fees, utilities, vacancies, and legal expenses. The IRS itself lists interest, taxes, insurance, repairs, maintenance, utilities, and other operating expenses as rental costs. (IRS )
* Tenants may leave or stop paying. The mortgage continues every month, and eviction can take time and cost money.
* One major repair can destroy the numbers. A roof, air conditioner, plumbing failure, mold problem, or insurance deductible could cost thousands.
* Property values can fall. Leverage magnifies losses just as powerfully as gains.
2026-09-09 17:56:45