Smarter for me to cross collaterize or deal with a single lender

[Herman Herrera]

Hey everyone. A little background first. I own 19 units (commercial, residential, STRs,) and I’m looking to continue to diversify my real estate portfolio with student housing. My current portfolio is valued around $6m and I owe around $2m. All different lenders mostly from Wells and Chase as well as some private notes.

I’m looking to purchase 12 units (student housing) at a value of about $1m. I have $200k on hand to invest.

Here’s my question. Can I accomplish this by leveraging my equity and not using any of my money?

Would this be in the form of cross collaterizing my current portfolio with a single lender? Or should I just use my cash and go conventional.

Sound advice is greatly appreciated. Thank you.