Do you owe less than $675K combined?

I'm working on building business credit now.With all that said. we are trying to combine 40 loans into 4, reduce the amount of payments and hopefully free up a few property's that are close to payoff.

I have several rentals that I did a combination of debt and equity with an investor.

The debt im taking over is a 8% 220,000 and combined with insurance and taxes the mortgage payment every month is $3,300 the home owner has missed four payments which im willing to cover but i would like to know how long ill have to continue making mortgage payments until i would be able to refinance?

It's unlikely your appraised value will be that much higher than your combined loan, and HELOC's usually only lend up to 80%.  

My wife is a Computer Science major with programming web design and IT experience and is the Idea Engine of our organization (Iroko Properties), I am an Electronic's Engineer with 25 years of wireless telecommunications experience in Project and General Management a good combination to creatively move our business forward.   

Also 35% expense ratio could be legit if the building is in great shape in a high rent area, but for a long term hold including CapEx, you might want to double check those expense numbers.For multifamily, even in good blue chip areas, I personally look for a minimum of 7% combined annualized return since I get that with minimal risk today.

They also gave me discounts on two investment home refinances so overall I am happy with the combination of service/cost.

I think the best strategy for us would be to buy, hold and rent.We have a 110k$ combined income and around 35k$ in cash.

I have devised a plan to combine flipping homes and creating rental income and the more research I do the more excited I get to start and finish my first house and many more and be doing what I truly love while supporting my family.