Best Commercial Lender with these Options, Apt Bldgs

[Christian Beebe]

Hey all, need some people to give me their experience and advice on this/these scenarios:

We are looking to do more deals in the future and currently have a 26 unit apartment building in our portfolio. Building is 100% occupied, NOI of $50k per year (with debt service) and current loans are $429k (at 5.5%) with appraisal value of $700k.

So first, we are looking for advice on best places to turn to get this refi'd and pull some money out in the process for doing future deals.  HERE's the rub.  I owned a business for many years, was screwed over horribly by a partner two years ago and chased after by a nasty, nasty local bank who forced me personally into BK (have lawyers letters to back this up).  Had a 800+ credit score before that and all bills paid on time, etc and have paid all bills on time after that.  So at this point, my credit is crap but my wife's is 720.  So with the numbers above and the scenario presented, what would you do or what do you recommend in order to get the apts refi'd efficiently and with a good rate so we can keep collecting properties as the money would be very helpful for down payments on new deals.

Look forward to hearing from you all.