If it was purchased cash you can do delayed financing immediately, but it would be based on your total capital invested not current appraised value. 

Yes we were successful winning bidding wars 3 months ago using the family postcard technique;) Basically, we added a cute picture of our family along with our offers (which were based on conventional financing) and our “humanity” made us win over the cash offers.

They are business notes backed by our portfolio of 10+ businesses which does include some real estate.The note returns range based on investment but is double-digit. 

We're all talking about the creative financing, asset-based lendings of the world right? 

Based on your age & needs, you could consider a variable annuity (stock market) vs a fixed or deferred annuity (more like a long term CD). 

Coincidentally, I had this exact same question when renewing our local STR license as they've moved to a system (unfortunately) where the cost of the license is based on the number of bedrooms.

Your mortgage is based on the refi when you complete the refi.

Agree , those are all incredibly important as is good property management and the ability to price the property correctly based on your competitors rates( dynamic pricing ) . 

I'm based in NJ and am looking to grow a RE portfolio here.

You can use Airdna & other STR estimator tools to get data on potential income/vacancy based on your location and property size.