Looking for lending advice!

[Jeff Jansen]

I have 2 new seller financing deals that I would like to refinance to better interest rates and need a little help deciding to look for private lending or conventional from a local bank. Located in upstate NY

Deal 1

13 properties 43 units

Net cash flow a month $11k-12k before debt service

$1,100,000 purchase price 7% interest

$1,550,000 BPO

Deal 2

2 unit

Net $900 month

$50k purchase price 7% interest

85k BPO

I would like to refinance these out quickly is it better to use a private lender or go the confectionary refinance route?