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Updated almost 5 years ago,
Blanket commercial loan or individual loans
I’d like to get some input regarding whether to finance 3 rental properties under 1 loan or 3 individual loans (2 sfh and a triplex). I’ll save on closing costs by using 1 loan but I like the idea of having 3 loans for snowballing the pay down and separating for tax accounting & depreciation.
Any & all opinions welcomed. Thanks!