Hi @Chris Garnes,I am an investor who has self-funded rehabs and also a licensed mortgage broker.

The third property has a nice cash flow.I am wondering if there are steps I can take to reduce the cashflow issues of the 2 properties before obtaining another property, like pay down the mortgages or should I just save the cashflow from the third property to pay for any future expenses?

It's a lot easier for both parties and cheaper for the company.

They has NO idea how to underwrite a commercial mortgage loan.

I heard that if you move the personal mortgages to an LLC they could get called and we would want to avoid that3.

You also cannot use a second mortgage (from HML/private lender) for a 2-4 unit non owner property. 

Hey Frank, not sure who you're replying to but I want to emphasize based on what you said pretty much EVERY mortgage broker should have 10-20 options of lenders who can do this.

I was buying homes for $100k with $25k of my money, and the mortgage was paid off by the tenants.

Our company Nationwide Mortgage Licensing System & Registry (NMLS) ID number is 1553947.

I want to know is it more cost effective or easier to purchase the property alone and put it in a mortgage in our name or purchase the LLC from him that holds the property within it.