Would a cash out refi be under commercial terms since the property(s) are under LLC?

If property values appreciate well, you might be sitting on a property that's worth a great deal more than todays ARV, especially if you can complete some of the repairs while your grandmother still lives there.

For quick math you'll need something to the magnitude of 200 units, call it 16 millions worth of multi-family.If you are looking for cash flow, maybe consider buying a business instead of real estate.

So why not put that money to work and start building up some cash flow?

I was trying to come up with some ideas to up the cash flow.

my condolences on your recent lost.there are a few ways you can do this, as mentioned above you can take a heloc on your primary residence which will give you a second mortgage, first mortgage payment wont be impacted. you can do cash out refinance which will give you one mortgage and payment. it will pay the old mortgage and give you money in your pocket to pay for the rehab.or you can do a renovation refinance which is similar to cash out refinance but we would contractor involved  as part of the refinancing and they are paid through the loan

Quote from @Zakiya Zaid: Thanks @Brenden Stadelman, I was just looking into Investor Edge this week, the $4K -$6K raised a red flag, but 100% financing is worth looking into. 

Now I have an investment worth $10,000.

Trying to figure out if the juice is worth the squeeze. 

As others mentioned can you afford the negative cash flow?