Help . . .Breaking into Commercial

[Scott Scribner]

I am an experienced residential multifamily investor looking to get into commercial. Like most, my road block is cash.

I am looking for options to entry. I would like to get into a 15-20 unit residential apt. building in the 1-1.5mil range.

I realize that most common loans are 80%LTV.

What is the highest LTV I could go as a stated loan w/ 700 FICO?

I do have four (4) residential sized multifamily houses. Each could likely produce 30k (4X30K=120K) if refinanced or perhaps 60k each if sold. (4x60K=240K)

I'm open to any options or recommendations.

Should I sell? Refinance?
Could cross-collateralization work?
Are equity partner lenders common?

Given a reasonably profitable building, am I within the range of
acquiring financing for this kind of purchase - or is it still too far off?

Again, ideas/advice much appreciated.