With current prices and interest rates, you're not cash flowing with LTRs.

As far as the mixed use conversion goes, that depends.

As mortgage rates eventually drop, your cash flow should improve over the long term.

@Mark TaleonCashflow and appreciation in this environment of high interest rates are hard to achieve at the same time.

Loans aren't just about interest rates.

I have 3 options.1) Cash out refinance with above 7% interest rate.

For a DSCR, at 85% LTV (15% down), your rate is going to be 9%+ for the most part.

I am opening a business in Mexico city (Hair salon) for my wife so get some short term income, Also I am heavily invested in the US stock market but at this time it is not going no where until we have some rate cuts. 

Personally I think it depends on the type of investing opportunities you're looking for and where or why we are seeing an increase in market activity.

To address this, we agreed that I would work in the business for six months to verify the financials, which so far align with his POS system.My main issue is that at 23, I don't have strong financials to get a conventional loan at 75% LTV with a ~7% rate, and the seller's lack of financials complicates bank approval.