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Updated over 5 years ago on . Most recent reply

User Stats

15
Posts
2
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Bryan Clark
  • Auburn, IN
2
Votes |
15
Posts

Rolling Cash... Rental to Rental

Bryan Clark
  • Auburn, IN
Posted

Have a team with 2 other partners in which we will each throw in "X" amount in for start up capital. Plan to purchase and rehab rental 1 with cash. In order for us to get money out for rental 2, what is best? Line of credit from rental 1? Deferred financing? Cash out refi? Also, best practice to create a LLC for us? Thanks for the guidance!

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