Best Strategies for Refinancing HML

[Cristian Contreras]

What's up guys/ gals !

I'd love to see what strategy you would take to refi 1.5M in HML at 9.5%.

 800k is 1st locked at a property valued at 1M+ prop brings in 5k / borrowed 200k additional on this since pml CC to this instead of 4 unit since I was under construction and nearing completion.

 600k is 2nd on prop with a 1st of 300k(3%apr) valued at 1.3M+ property is a 4 unit complex. Brings in 11k. HML+ 1st = 7k in mortgage payments

140k is 1st on prop worth 300k  -I've listed for sale at 300k but am considering refi and renting. 

 Total of 6 homes| units with these 3 properties. 

My goal is to produce enough capital to develop my new construction sites with nearly approved triplex plans. I own both lots free and clear. 

Have other units- but they all have very low % rates I don't want to mess with. Considered blanket loans but don't know what they are to bring them to life. 

I have perfect credit, am a real estate developer/ GC with great income, recently turned 30 and have always had the mindset of keeping all my properties since I am in this for the long run. I'm leaving this statement a little vague and will answer questions as they come fully transparent! 

Thanks in advance ! 

Cristian