Three Rentals - Now What?

[Brandon Malone]

Afternoon Biggerpockets community.

Let me start off by saying, I have big dreams and passion to reach financial freedom- a place where the 8-5 is by choice, not by necessity. However, I also have a very cautious and diligent type of personality. With that said, after purchasing three rentals in the DC suburbs I have expended most of my cash. I currently have three rentals, with the following equity positions. These are conservative estimates.

Property 1 = $82k

Property 2 = $80k

Property 3 = $91k

I also have the property I reside in, which has $70k equity. I have a unused $42k line of credit on this one, since getting line of credits on the rentals could be quite difficult.

I feel stuck today, and not sure which direction to take. I am interested in continuing to add to my rentals, however, my cash-on-hand is very low on the personal side, and the cash for the rentals is intended to handle any risk/turnovers.

If any of you, have hit the position I'm in and was able to find a way to continue their expansion, I'm looking for feedback and ideas. Especially in today's market.