Are these loans fairly priced?

[Chris John]

Hello all

I am in the process of refinancing 6 rental properties in California. I'm being quoted 3.875% with APRs in the 3.96% to 3.97% range. The loans are 70% LTV with cash out. I have 7 loans in my name, good credit, and debt ratio isn't a problem yet (it will probably become one when I try to deploy the cash out. haha).

Anyway, do these seem like reasonable prices?  Historically, they seem UNBELIEVABLY low, but I keep seeing stuff in the 2's% on TV.  I'd love your opinions.  Thanks