Do my loan terms stink

[Shawn Elrod]

I always thought I had decent loan terms on my buildings but with the recent rate drops and reading some forums on here, I am starting to question if I am doing this wrong.

Here is my setup.

All of my buildings are owned by my LLC.

I personally have great credit, but I am pretty tapped out on Debt to income due to my wife not working, so both cars and our personal residence are in my name. My LLC owns a 6 unit and a 4 unit free and clear, four other building have loans.

I use private financing to make cash offers on MF buildings then refi through my local credit union.

I have a 10 unit, 6 unit and 4 unit all with a 5/1 ARM, 10 year ballon, 20 year amortization, current rate of 5.25% (set to start adjusting in 2 years). This was my first set of loans with the credit union so I thought it was decent considering it was a new relationship. I'm pacing to have these three loans paid off in 7 years so I can quit my day job.

About 6 months ago I was able to get a 15 yr fixed at 4.5% on a four unit.

All new loans I am wanting to stretch out as long as possible so I can maximize my returns.

I guess my question is, is it possible to get a 30 yr mortgage on buildings that are owned by my LLC with rates in the low 3%'s? It seems people on here are getting these rates, but how?? My credit union only wants to do 15 or 20 years max and with rates in the 4%'s.

Thanks in advance for any ideas or advice.

[Shawn Elrod]

@George Despotopoulos

Thanks for the info!