Commercial loan...The bank said nooo!!!!, What?

[Rolanda Eldridge]

OK, BP, I need some options. I'm frustrated, but will keep it moving!!! Any insight or suggestions...

Requested commercial loan to refi 5 SFR(50K each)..small 15K private on each, seasoned in Business Name, 60-65LTV,5.75 20yr amortize..All cash flowing with tenants..credit mid 600's(4 properties on personal), wanted funds to reinvest in RE, pay company truck off

Bank..need higher score,reserves, > leverage, < liquidity, global jargon, below break-even ..blah, blah, blah...will consider with guarantor(high score, income)...also counted all residential debt against me except personal residence(3 properties in both spouse and I)

Unlimited Property..established 2005 single member LLC, proven record, over 20 SFR, more than half free and clear, reinvesting with reserves while prices low >20% returns instead of leaving funds in the bank for 2%, full time investor(no high paying w-2)..

#1-reason I requested the loan(restructure debt/reinvest in RE...If I had 50K reserve, I wouldn't need a bank loan

#2 It's a secured loan...

1.What point can the LLC stand on it's own?

2. Should I consider selling some of my notes to raise capital?

3. What did you do when the bank said noooo??