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.

With software like propstream I can even look at seller mortgage details and MLS private remark.Getting license you only know the legality aspect of being an agent but doesn't necessarily means you would be a smarter one to get to know the market.The only thing that I can not do with propstream is I can not download all disclosures when I try to purchase.

I have a few properties and am also a mortgage broker, happy to answer any questions about general investing or financing options.

I am looking for a mortgage broker sponsor.

Meanwhile investor is receiving almost twice return from money market, and probably  3 - 4 % greater than mortgage fund.