I have an LLC that is 6 yrs old but has never been used.  

I use two sources for the same property.I use the 1st source to get my cash I put in back right away..to use on the next deal.Ist Source:  Actually this is a Loan of CreditSeasoning Period                                    NoneFees upfront (actually buried in loan)     $175ARV                                                           70%Minimum amount of Loan                        $30kTerms                                                      3.925%; 15 yrs amort; balloon in 7 yrsI use the 2nd source to payoff the 1st source and reduce my monthly payment (min $100/month reduction) from the 1st source2nd Source: True Refinance Mortgage (can cash out)Seasoning Period                                       6 monthsFees upfront (actually buried in loan)         $2800ARV                                                               75%  ( I usually cash out)Minimum amount of Loan                         $50kTerms                                                        4.5%; 30 yrs amort & term

So this is the reason she has just held on to this one after owning it for 40 yrs.

i manage mine on my own I'm in PA now.My Boston condo has in-house maintenance :) My NC commercial, I did for 3 yrs, but quickly lost my infrastructure because I am not there.

I have tenants who have been with me for over 4 yrs.

To allow for comparison, each option is based on a 15 year loan period (meaning ARM 15) with annual principal payments of 2%.Option A - 70% LTV - €39,000 at 2.2%monthly payment - €115net cashflow monthly - € 64annual tax credit - € 165remaining loan balance after 15 yrs - € 21,219total income over 15 yrs - € 13,946net capital (w/o opportunity cost) - € 25,627net capital with 5% rate of return p.a. - € 61,124Option B - 100% LTV - €47,000 at 2.4%monthly payment - €170net cashflow monthly - € 9annual tax credit - € 177 remaining loan balance after 15 yrs - € 30,114total income over 15 yrs - € 4,224net capital (w/o opportunity cost) - € 21,110net capital with 5% rate of return p.a. - € 71,819Given the low interest rates and the plan to buy more properties this coming year (fix and flip and/or buy and hold), I am leaning strongly towards maxing out the available capital for more deals… especially since the analysis is conservative at an expected rate of return on available capital of 5% p.a.Which option would you choose?

Looked at the fire report and it was dated 2 yrs ago.  

I have 30 yrs experience in real estate and finance.I also have a background in retirement and estate planning for consumers and businesses.My focus for all my students is:Talk to expired listings.Get a motivated seller to consider terms rather than cash.Exit with a lease 2 own, where all parties win - the seller, the buyer, and the real estate investor.Get 1 coach, not an "advisory line".

@Michael Sadler, I was employed as a bank teller (in my twenties up to about 10 years ago), from there, briefly did mutual fund license processing, then life insurance sales (about 2 yrs) and life insurance call centre/admin (about 5 yrs).

I did 6 active, 4 reserve and DH is nearing 22 yrs now.