Pay Down Debt, Buy Cashflowing Assets, or Fund My Business?

[Jason D.]

Hey folks,

I'm at a bit of a crossroads regarding what to do to move forward with REI. I currently house-hack a SF home but do not own any other properties. It has about 250k in equity (worth $400k, 150k note at a great rate of 3.25% 30y-fixed), but my DTI is high that I can't access the equity. I have a few sources of income that net me about $10,000 a month. Here's what I can do to move forward, and I honestly don't know the best route to take.

1) Pay down my personal debt to free up the equity in my home. This will take me about 6-8 months to pay down the $75k (ish) I owe. This will let me qualify for the equity and/or my second VA loan if I wish to access it to house-hack again (my goal is to purchase a 2-4 plex).

2) My second option is to keep funding my cash flow strategies.  Without getting into the details, I have the capacity to create an extra $200-$500 a month for every $10,000 I put toward these assets (a mix of promissory notes or crypto passive).  The returns are excellent, but there are risks to both.  They haven't failed me in the past three years, but there is no depreciation and minimal diversification.  I basically have all my eggs in two baskets.  

3) Fund my business to purchase my first investment property via a DSCR loan. My final option would be to fund my LLC so my LLC can buy its first property without any credit check or connection to me personally. Basically, I save up 20%-25% of the purchase price of a cash-flowing property (+ 6 months of rent reserves), and buy my first multi-family with my business. I could save up for this option in another 2-3 months easily if I purchase in the right area.

Anyway, I'm someone with a great problem. I just don't know how to move forward.  I'd love some counsel, BP.  What do you think?