Bank cut me off till February to evaluate everything

[Joshua D.]

So my commercial loan department guy who i do all my banking with cut me off? So going on 3 years in December we have grown to 15 properties and leveraged or refinanced 9 of them with 80% to ltv. When i will have around 200k left over in lines of credit after all my current renovations are done. So the bank said they wanna chill till February with leveraging anything else and see where im at? When i still have 6 properties with each of them at least 40% equity in all of them? Why did they cut me off?

[Chris Mason]

Originally posted by @Joshua D.:

So my commercial loan department guy who i do all my banking with cut me off? So going on 3 years in December we have grown to 15 properties and leveraged or refinanced 9 of them with 80% to ltv. When i will have around 200k left over in lines of credit after all my current renovations are done. So the bank said they wanna chill till February with leveraging anything else and see where im at? When i still have 6 properties with each of them at least 40% equity in all of them? Why did they cut me off?

 I'm not a commercial lender, but my interpretation of that is "we want to see what your 2018 tax returns look like before putting any more eggs in this one basket that is you."