Pros: lower base interest rates, lower adjusted monthly payments, lower loan costs, HELOC applications costs are minor, not paying interest until the money is used for that next investment.2) Cash out refi on all 3 properties - Cons: higher base % rates, higher loan costs, similar monthly payments, Pros: fistfuls of cash to parlay into the next deal3) 1st Lien HELOC - buy out the current loans balances with a HELOC with 1st lien - Pros: Even lower loan costs ($10-$15k less!)

By taking time to really lock down numbers you will give yourself maximum opportunity to make adjustments to your original plan. 

Do you know how much they adjust up/down for SF & Nicer Bathrooms/Kitchens?

(a) Except as otherwise provided herein, in all estates, real or personal, held in jointtenancy, the part or share of any tenant dying shall not descend or go to the surviving tenant,but shall descend or be vested in the heirs, executors, or administrators, respectively, of thetenant so dying, in the same manner as estates held by tenancy in common: Provided, thatestates held in joint tenancy for the purpose of carrying on and promoting trade andcommerce, or any useful work or manufacture, established and pursued with a view ofprofit to the parties therein concerned, are vested in the surviving partner, in order to enablethe surviving partner to settle and adjust the partnership business, or pay off the debts whichmay have been contracted in pursuit of the joint business; but as soon as the same iseffected, the survivor shall account with, and pay, and deliver to the heirs, executors andadministrators respectively of such deceased partner all such part, share, and sums ofmoney as the deceased partner may be entitled to by virtue of the original agreement, ifany, or according to the deceased partner's share or part in the joint concern, in the samemanner as partnership stock is usually settled between joint merchants and therepresentatives of their deceased partners.

By taking time to really lock down numbers you will give yourself maximum opportunity to make adjustments to your original plan.

Looking to start BRRRRing, but after speaking with several local lenders in Alabama about refinancing properties held in LLC, it appears that most only provide adjustable loans with 15-20 years terms.

If it has a strong debt service coverage ratio (which you can easily change by adjusting the down payment amount), and you have high net worth, liquidity, and reserves, the W-2 job should be less of an issue on the commercial side.

So you adjust accordingly, as an appraiser would for valuation. 

@Ed KowalchukThey get reported separately on the K-1 that would be reported to you.You would be allocated dividend income along with capital gains(if you sell the securities) along with rental income/(loss).Your individual return is a chance where potentially you can offset the two when you calculate your adjusted gross income.

But as the project went on we adjusted nicely.