The mortgage should be around $1,600.

It wasn’t a massive deal—our expected assignment fee was $10,000—but when you’re growing a business, every opportunity matters.Everything seemed to be moving smoothly until the title search revealed a major roadblock: the mortgage discharge couldn’t be cleared because the person who needed to sign off was deceased.

Deduct mortgage interest, property taxes, travel, and operational expenses.

Any other expenses are using up funds that would otherwise be sitting in your checking account to make a mortgage payment with.

Here’s a quick breakdown of our financials:Operational expenses (excluding mortgage): $33k (Jan-Dec 2024)Annual mortgage payments: $58kTotal needed to break even: $91k+Income earned this year: $80kClearly, we need to bridge a gap of about $11k just to cover our expenses, and I’m exploring options to increase profitability.

I want to cash out refinance and close it under our LLC as DSCR mortgage.

So can I calculate my cash on cash return like below $40K(appreciation)/($42k(Down payment)+(2.1K(Monthly payment for Mortgage+HOA)*36)) = 40/(42+75.6)= 34% so the annual cash on cash return is about 1.34 to find the cubit root.

Second Street is an international mortgage lender actively investing in Costa Rica.

My first mortgage was almost 11% and that was a good rate.

I am looking for a mortgage broker sponsor.