Commercial Multifamily Refinance

[Brian McPheeters]

Hello

I have a 7 unit that is slowly being rehabbed as tenants turnover. Post rehab the rental rates have been increased and are almost at 100% occupancy.

I am wondering when would be the best time to refinance. Can I proceed with the refi now even though 1 unit is not rented and another still needs to be turned over so it can get higher rent once the existing tenant is out? Or should I wait until occupancy is 100% at maximum rents?

Thanks