Commercial brrrr in chicago - how to get max LTV?

[Michelle E.]

We are looking to refinance a 12 unit appraised at 870K with maximum cash out. We only owe $175 so there is plenty of equity. The bank we have a relationship with would only give us $250K (which would leave us with $70 cash in hand) - thats only 28% LTV! That is the max they would go but offered an excellent rate. We keep hearing about the BRRRR method and getting up to 75% LTV but where to you go to get it? Credit is over 800, building fully occupied and cash flowing and we have 5 years managing the property successfully. Is this something that we need to talk to a loan broker about or can we go directly to a bank? Who have you had success with? Our goal is to expand our RE portfolio and take advantage of the current favorable rates.