Need Advice on consolidating loans!

[Kalem Lenard]

Hey Bigger Pockets Community! I've been racking my brain and doing a lot of listening and researching but am at a point where I would just love some advice from people smarter than me. My wife and I have four rental properties plus our primary home all with different types of loans and rates. One rental property has a 30 year mortgage with a balance of $68k @ 5.5%, two of the rentals are with a private lender with a balance of $70k with 0% interest but a monthly payment of $2,640, and then we have a HELOC with a balance of $106k at 3.5%. No mortgage on our primary residence ($368,000 value) or our 4th rental that we are currently rehabbing. My wife and I are trying to figure out our next money move of trying to be as efficient as possible with loan options and get out of a variable rate HELOC and the high monthly private loan payment.

Listening to Bigger Pockets Money recently it occurred to me that I could take out a $250k 30 year mortgage on our primary residence that would cover all of the other debt but at a better rate than a rental property and a HELOC for a reasonable monthly payment. Does this make sense? Any other course of actions that people would recommend? Looking forward to any advice that the community can offer!

Kalem