Hi @Dave GreenIf you sell the rentals, or even just one, you can use the funds to cover the down payment on a DSCR loan.

While always having at least 6 months of expenses for each property in an emergency fund that maybe is invested in mutual funds or something liquid. 

I know several who invested in my fund with a LLC and regret it because they close the LLC because I just costs them more money every year and to transfer it back into their personal name is additional paperwork and costs to transfer.

You’re not alone in that.Let’s break down a couple of things:Your Home: Renting it out could generate cash flow, or selling might give you funds to reset.

I will have enough reserves to cover the holding costs as well as some left over as emergency funds for the property.

. $5,000 was not an amount of money they readily had, and they requested I allow them a couple of months to gather the funds so their kids could have a Christmas.

Each loan type will also have a number of fees that you will need topay to secure the funding (eg. you will be paying the broker for commercial,whereas the lender pays the broker in residential financing).My best recommendation is to talk with alocal commercial mortgage broker specializing inmultifamily lending.

Yes, you spent time to acquire and manage the property (unless the cash flow can also support paying for a good property manager), but you have none of your own funds invested, and you can use those funds for something else.You ARE recouping your initial funds.  

Hey everyone, I'm in the refinance step of my first BRRRR and am thinking about how I can fund my next deal.

This is my first flip and I'm using a heloc on my own primary to fund the project.