How to Borrow after a loan denial...?

[David C.]

Here we go! My brother and I bought a legal multi family in 2010 when our parents gave us the boot. We saved and bought a second home to keep one each as a primary. We borrowed against the second one a heloc to purchase an investment property which is now a rented out 3/1. We decided to rent out the originally 3 unit home and move back together. Essentially we owe 360k on 2 properties valued over 650k, that's being modest with numbers, probably closer to 700k. We own the third home out right and its apprised value is 300k. We were denied a heloc on the last one, they stated our 774, and 734 credit scores were not high enough, and new landlord experience as denial reasons. What options do I have to use the equity and purchase another property that I would like to be a flip. Do I move properties into a llc? Do I sell my primary home to clear two loans? Thank you all for any information.