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Updated almost 6 years ago on . Most recent reply

User Stats

19
Posts
2
Votes
Clayton Cerer
  • Rental Property Investor
  • Chicago, IL
2
Votes |
19
Posts

Separate credit lines, HELOC's, or what the heck do I do??

Clayton Cerer
  • Rental Property Investor
  • Chicago, IL
Posted

Hi all,

Looking for some advice/direction- So I have 3 SFH rentals that are close to being paid off, 1 house that i live in with tons of equity and a nicely cash flowing triplex that i just bought. i also have a business that produces a very healthy amount of cash flow.... I am looking to purchase larger deals at this time, anywhere from 12-48 units. I am torn on what to do... do i pull HELOC's on each property and then a credit line on my business? Do I sell the SFH's? My main focus is to have more buying power and speed when shopping deals... and i want to buy apartments.

someone please help!!!!!

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