This refinance would potentially allow you to pay off the construction loan and potentially access additional funds to build more units.The new loan amount after the cash-out refinance will be based on the current appraised value of the entire property, including the new construction.

I'd like to have better control, so that I can get better returns.What are my options?

We are looking for a flexible option to access a pool of money that we can draw on to help with infill of the mobile home parks we own.

You can develop a strategy based on the answers.

If not what would be some other options?

It looks like Airbnb may be a good option as well. 

You placing these properties in an LLC makes the loans commercial, and probably based on area, asset value or other criteria it isn't in their commercial loan criteria.

Have a good attorney who is familiar with the laws in the local area so they can tell you what your options are to mitigate risk in the deal2.

Acreage with additional structures is probably not an option.

Cash out refinances are also an option but no DSCR or alt products for PR at the moment.The rates were actually very comparable to mainland.