You're rents better be right in line with the area because if you have multiple vacancies at once that could be a real strain on your cash flow and ability to pay the mortgage(s).You need to provide more information if you need further help.

And there they are doing Quantitative Tightening which is driving up the interest rate. 

Instead of spending the money to refinance, just tighten your belt for a year and pay them off asap.

You would need to check around with lenders to determine what type of loan you may qualify for, because due to the economy, lenders have tightened up the purse strings so to speak.

Tightening guideline overlays will only hurt lenders; it's not in their best interest to exclude qualified buyers, and their MBS investors aim to take advantage of the higher income as a result of rising rates.Regarding the "hard economic times," I don't believe so.

Though you have reasonable equity you could pull out in a 1031, banks have tightened up on commercial lending with LTV’s (70%) and DSCR’s (1.25) and some even ask for a deposit account worth 10% of the loan.  

It certainly is not recommended, and most likely the movement that would occur will strain and weaken the structure, requiring additional work to reinstall.

When a correction/recession hits, people tend to tighten the purse strings and be more frugal which will hurt A class properties.

I could probably finance this deal on my own, although it would be a strain financially to accomplish.

The size of these deals are in the $1M range.A factor in this strained relationship is that this broker is truly talented and aggressively builds his own owner databases and pays for VAs to call every owner in the state...