It sounds like at the end of the term, the loan is callable, and based on the performance and what the market looks like, can be refinanced or will have to be sold or paid in full.

Besides bringing rents to market prices & refinancing, another exit could be selling each unit individually as condos within time.

It was purchased in 2016 and I have already refinanced out and put my money back in my HELOC. 

Refinancing won't work because we need the full market value.  

You can use this loan as a stepping stone to buy as many as you can with the goals of refinancing to better rates within a few years from there?

I also re-financed 2 of the properties just before i moved to take some cash for next investment while still having the owner occupied rates.   

Long-term looking for a portfolio lender and easy refinancing for BRRRR projects.

I currently have three properties that are 30 years loan with about 5.3 interest rate should I go ahead and start refinancing them into a 15 or 10-year loan or Do I just keep the original loan and just pay more towards principal to avoid refinancing and still keep the same cash flow.

It doesnt cashflow well and refinancing to a lower payment is basically just having your equity make monthly payments to you, you aren't really gaining anything. 3.

The short version is he would handle managing the rehab and contractors etc, I would make an initial loan to the company and acquire both the short term money and long term refinancing money, as I can still get the conventional since I’m under my 10 limit.