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Updated almost 5 years ago on . Most recent reply

David W.'s profile image
David W.'s profile image
David W.
  • Investor
  • from Maplewood, NJ
  • Member since Dec 30, 2020

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David W.'s profile image
David W.'s profile image
David W.
  • Investor
  • from Maplewood, NJ
  • Member since Dec 30, 2020
David W.
  • Investor
  • Maplewood, NJ
0
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3
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Starting Out

Best way to borrow for beginner

David W.
  • Investor
  • Maplewood, NJ
Posted

Hi folks: I currently own 3 single family units through an LLC that I bought with cash a few years ago in FL. I now want to get into a bigger investment and get more serious with this side business and am trying to gauge my options in terms of financing. If I own these three properties all cash, what is the best way to use leverage to acquire a fourth. Would I use the LLC to seek lending or should I do it as a private individual? Can I tap my existing homes for financing?

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