Blanket loan or LOC Needed on Portfolio of Duplexes for LLC
I have a LLC in Washington state that owns a 24 unit portfolio in Kansas. I currently have a commercial loan on these and would like to take a loan out against the value of the properties but not sure the best approach/structure. Any advice and or recommendations would be appreciated.
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Should be able to do these as a DSCR refinance and depending on property values can refinance all 24 into a long-term 30 year loan.