Rolling Cash... Rental to Rental
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!