Best and most affordable to form LLC

[Martin Nowak]

Hello! I’m a novice that’s ready to start leveraging. Here’s a list of questions and my situation.

I’m 54. I’m still working and have slowly acquired single family homes and have them all rented.

I own 5. 2 of the 5 are paid off. I own a piece of land that’s zoned commercial that I’m carrying a mortgage on. Plus I have my primary residence. I’m very eager to build a commercial building (beer garden) on my property.

Here’s my questions:

1. I was told each property should be in its own LLC. What is the most economical way to do this and is an online service adequate? If so which one ?

2. What is the smartest way to leverage all but my primary residence to get the building built?

3. 3 of my properties have 30 year fixed rates of 4.625 - 5.5.(land) should I refinance?

Any recommendations would be fantastic!

Thank you!