If you get a B class low risk investment that is predictable, you should be able to refinance is 7-10 years and start your snowball.  

@Aaron Gallington- thanks ...if you dont need to complete the refinance now - I would wait for a little bit ....you might get fully approved for the new loan with a lender to make sure you are able to get the loan but  hold off on locking a rate and completing the loan until rates drop a bit more ...if you are able to obtain conv financing - go this route as  75% ltv should be available and  rates / fees  should be much better than a  DSCR program - thanks 

Hi,We are looking to refinance a small commercial multifamily building we have in Ohio out of a bridge loan that we used to renovate the building over the last couple of years.

Refinance and rent as STR (current market projections are $175,000-200,000)

I combined owner financing with private money and then refinance with my bank.

If you need to access some of the equity, a conventional cash-out refinance will have the best terms. 

Buy a SF rental, add some value (minor rehab), and refinance as the FED reduces rates in 2025-2026.

Thank you all in advance.If you don't want to sell, cash out refinance with a DSCR loan is likely the answer.

Utilize Your Equity in the Multi-Family PropertyCash Out Refinance: Since your multi-family property in CT has significant equity (around $200k), consider doing a cash-out refinance.

These two programs allow for an LLC refinance from hard money with no due on sale clause issues.