Also, we don't know what your gross monthly expenses (including debt service, OpEx, CapEx, insurance & property management fees) would be on those properties, after pulling the equity out and/or after the refi.  

I will give them one week to fix it and then I will put in a complaint with my credit card company.

If you are going to do that just get  a 4 plex with long term low-fixed debt for 30 years with 20% down.A 5 is above getting a good loan on and too small for the better commercial loans. 

I don't like my clients to be mortgaged to the hilt and in debt up to their ears (ironic considering what I do, I know), so I always give a little talk about how *guaranteed* ROI on paying debt down early is exactly equal to the interest rate on said debt.

You also will need to pay for your MLS fees, sentry card access, and whatever fee you pay your sponsoring broker (if any). 

Hire a RMLO or Mortgage Broker to be able to look through a credit application and a mortgage applicationLook at debt to earnings ratio or DTI, look at credit, look at length of employment, look at length the residency in the area,You need to sell to the tenant buyer the neighborhood and for them to want what the house offers the family,  to be able to step into that opportunity to get out of that apartment or rental property. 

@Nicholas V. probably late a year later but for others: Yellowletters.com also has a platinum card for around $200 that gets you 15% off for 6 months.

@Robert Rodriguezsure biz cards with info would be helpful.

Based on the info you provided, it sounds like you have around $100k to put down while carrying $300k in debt service per property.  

My initial plan was to purchase with cash then take a mortgage out after it is rented for 3 months then use the mortgage money and add 20% more of my cash on hand to buy the next place; I could have done that to purchase 4 houses which would have my passive income at a comfortable level.  3 of the 4 houses would have a mortgage and I would have mutual funds and 1 house to cover the debt of the 3 mortgages.