Refinancing and consolidating both loans might be the best option.

@James Wheelock most banks will tell you four, if you build a relationship with the right bank they'll let you go up to 10, if you're acquiring a larger portfolio than that you can use what they call a "blanket" loan to consolidate several properties into one loan, or trade up to multifamily so you can have more units under fewer loans.  

Consolidate all these contacts in one place for your reference.

KDC has two corporate build-to-suit projects underway in Legacy West including a 265,000-square-foot headquarters complex for FedEx Office and Toyota’s North American Headquarters.In addition Chase just announced adding a complex consolidating 10,000 jobs to this area.And just up the highway is the Grandscape development including Nebraska furniture mart.Building on 400+ acres, we are virtually a city within the center of the Dallas/Fort Worth market, an epicenter of growth, in the 4th largest metropolitan area in the nation.And we are attracting the biggest, boldest and brightest names in retail, starting with Nebraska Furniture Mart of Texas, a retail powerhouse that by itself will attract a projected 8 million shoppers a year.Our grand plans for Grandscape include more than just one-of-a-kind retail: Convention center hotel and spaUnique restaurantsAn outdoor amphitheaterAnd more.So this area is still very active, both for sales and building.  

This consolidation event will continue.

When we reached our limit there we actually did a consolidation loan with a commercial DSCR loan where we paid off 5 Fannie Mae loans with a portfolio lender which opened up 5 more Fannie Mae slots for us.  

Consolidated, simple, easy living, saving money and being more economical than todays standard.

Willis Group Holdings consolidated offices around the Chicago area into Sears Tower and bought the naming rights.Even the other half of the reconstituted Motorola, now called Motorola Solutions, is sending some workers from Schaumburg over to Michigan Avenue with fanfare that includes putting a Motorola sign on top of a Daniel Burnham building.What does this mean for the office parks left behind?

If you have any income at all, you will need to tell the banker that you will be consolidating your other debt into the heloc.

We help investors all over the US consolidate their portfolio insurance plan and discuss various options.If you're interested, I'd be happy to be a resource for you.