I have an LLC and I have enough cash to buy the house outright but would rather refinance it and get a mortgage on eventually so I can use that cash to eventually buy yet another house to continue build my portfolio.

So I would be partnering with someone who is bringing the capital.

So cash burn while your doing that. 

I recently moved to the Pensacola area thanks to the Navy and love it so far. 

You can say so.

This is a great place to learn and to connect with people so take advantage of all the great resources.Welcome aboard and best of luck investing!

I don't see the market going up in the next few years, so little to no equity. 

If you do, you need to find a new one and relist with new pictures, so you may push yourself off the market a week or two.Ask your agent what feedback he is getting on the showings.

Quote from @Nathan Gesner: Quote from @Devin James:  So good !! 

Each LLC can have a separate agreement, but the IRS will scrutinize this, so keep everything above board to avoid issues.Tax Implications: This arrangement could allow you to shift income and claim home office deductions, but it needs to be done carefully to avoid triggering any red flags with the IRS.Renting a Car to Your LLCs:Renting your car to your LLCs can also offer some tax benefits, such as shifting income and potentially deducting expenses like mileage and depreciation.