Financing Help Needed

[Kyle Tullis]

Hello BG I currently own 3 rental properties in my area but have paid for all 3 in cash. I’ve been researching and it seems like I could be doing a lot better through financing. I have plenty of cash on sidelines for down payments so that’s not an issue credit is 750+. When talking to most small banks in my area I’m running into max loan term 20 years with 6%+ interest that really kills my cash on cash return calculations even if I could extend the loan term to 30 years it would help a lot.Anytime I ask about 30 years they say they can do it but i would have to live In it for at least 6 months. I’m wondering if this is common and should just take one of these loans or if there’s better options out there and I just don’t have the knowledge to find these.