Cash out refi options/advice

[Jeff P.]

Looking for a little insight.

Here’s my scenario:

I have 2 sfh without a loan against them. I have a duplex without a loan against it. I have a duplex with a small loan balance. And I have a sfh Airbnb with a loan on it. 

I am seeking to make a larger purchase such as a small multi family that is 4+ units, so I want to pull out cash in the most efficient manner possible. My DTI is fairly high as the most recent sfh just rented and is now producing income.

My properties are lower priced -  I am conservative with my valuations, they very well could be worth a little more. Data as follows:

1 newer sfh home just rehabbed worth $115k. 0 loan balance.

 1 sfh home worth appx $90k. 0 loan balance.

1 side by side duplex worth appx $75k ( this one is a little difficult to estimate as there are nearly no similar duplexes nearby like this particular one). 0 loan balance.

1 duplex worth appx $110-120k with $39k mortgage at 5%. (Can a second mortgage be placed on this to conserve the smaller loan’s attractive rate?)

1 Airbnb worth appx $140-145 with $84k mortgage also at 5%.

I am wondering what is the best way to pull funds from these to pursue the larger goal.


Thanks in advance!