Refinancing rental property's

[KYLE Z.]

Hi all, So I am trying to Refi my rental property's and my personal home. The bank im working with wants to do a commercial loan for everything at 6.5%. I would rather break them up with a loan for each. They say they will not give me a residential loan on any of the rentals. I thought I heard on here people were refinancing rentals with 30 year fixed rates. I am also looking to get some cash out for a siding and window project on a duplex. The bank says that they will roll that into the loan. What do you guys and girls think?

Thanks in advance

[Steve Babiak]

There goes the reason why. You won't meet the lender's LTV without doing the blanket loan.