I bought, rehabbed, & now stuck in a commercial loan…

[Linda Burger]

I need some advise please. Quick history - i bought a sf in 08, sold in 22 - used proceeds to buy a duplex at 70% ARV with a commercial lender under my newly acquired LLC. My rate is 5% fixed for 5 years. I have a nice chunk of equity now and not sure what my next steps should be. I want to buy another multi but my loan has 4% penalty of current loan amount if i refi before 5 years loan is up. Do i request the same lender to do a refi cash out? Heloc? Pay the 4% and find a 30 year conventional? Clearly I'M a newer investor and really could use some knowledge. 🙏