how quickly can you refinance investment properties

[Greg W.]

I have 6 properties that I bought on land contract at a good price. Now I'm trying to get properties in my business name under blanket loan and get some of my investment money (down payment and reno of two units) back out of it. I found a lender that would do 75% of purchase price (which I will have to put down more to make it a full 25%) and not of appraised value (which could put $ back in my acc). If I accepted this how soon could I refinance or get equity out? Can I use same appraisal that this lender would order?

Thanks,

Greg