With my CFO clients, I generally assume a 35% operating expense margin (which excludes vacancy and mortgage payments) to start with and adjust from there.

Some private lenders will step in and fund.

@Diandre PiercePaying down mortgages is the opposite of scaling.

Leverage your construction expertise to accurately estimate rehab costs and streamline renovations, and focus on financing strategies like hard money or private loans for your BRRRR deals.

My name is still the only name on the mortgage and title.

You’re in a great position with a property that’s appreciated significantly, a low-interest mortgage, and clear goals to boost cash flow and transition into full-time investing.

@Dan GroveAs a private money lender I agree with Nicholas' sentiment.

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.

If you have bank loan (not an agency loan) or no mortgage at all, an LLC is certainly an option.

With most mortgages you can move after one year without any problems.