One of the hotels, I have the appraisal on for $2.2M, looking for 70% LTV cash out. 1st lien is $1.3M.
3 other hotels all at about 50% LTV, on which he wants max cash out for improvements and renovations.
Total Refi amount is about $4.5M. Looking for 5-20 yr terms, rates no higher than 7%.

If you are a TRUE direct lender/bank/private lender, who won't ask for money upfront, can really do the deal, and are interested in doing business, please PM me.