Rental Refinance to 30 year with cash out

[Amy Frederick]

We are looking to refinance our 2 rental properties to 30 year mort. We want to profit more each month AND pull cash out to use to purchase more properties. Could we also group these 2 into one mortgage? Thinking about the number or mortgages we can ultimately have under our name and wondering if this could be a way to get more?  I am reaching out to our local banks, but want to get input and the right questions to ask our mortgage lender.  Thanks in advance!