Commercial Cashout Refinance on 2 single family rentals

[Quinton Foster]

My partner and I purchased a single family home through our LLC (commercial loan) in October of 2020. At that time, we paid $55k for the home and it appraised for $72k. Since then the market has increased and we put some work into the home. We also own another home that is free and clear of any mortgages. However, this home may be worth about 30k-40k. Between the two homes, we owe about $40k and they are worth at least $100k-110k between the two. Both homes have tenants with 2 year leases with a combined gross income of $2000/month. We have been calling different lenders and are getting very different responses. One lender was not willing to combine the two homes into one mortgage. Another one was willing to combine the two homes into one mortgage but they had an LTV of 50% (which is not worth it to us). Does anyone know of any type of Commercial Cashout Refi options with a higher LTV amount? Thank you in advance!