We own one lot in each of 4 states: VA, VT, TN, and ME. How to best refinance?

[Mike Bator]

Our LLC owns one raw forested land lot in each of 4 states. All were bought in 2023 or 2024:

- Virginia: $50,000 - 1.5 acres
- Vermont: $33,000 - 3.3 acres
- Tennessee: $34,000 - 1.4 acres
- Maine: $27,000 - 1.1 acres

Total: $144,000 - 7.3 acres

We bought all for cash with the intention to build on each in due time, depending on where we can first have all ducks in a row: general contractor, permits, etc. For simplicity, let's assume we can only build on one per year, so we would love to refinance all with some lender(s) to have more cash to work with.

Can banks or lenders do combo-multi-state deals like that? Or is it 1-2 lots per bank max? I have experience with commercial construction loans and cash-out refinancing after construction completion, but no experience with refinancing raw land yet.