Which should come first: Deed to LLC or cash-out refi

[Travis Weese]

Hi all - this is my first post in the BP forum! Forgive me if it is a non-starter. I am ultimately looking to see if I am forcing myself into a corner from a legal perspective. 

My first purchase a few years back was a primary residence that I rehabbed while living in. It is now a long-term rental in my portfolio, renter-occupied and is owned free and clear. It is currently deeded in my name, but I need to deed it to an LLC. That said, I am also wanting to do a cash-out refi (and using said funds as DP for conventional mortagage on primary residence in my name).

From a legal perspective, does one step need to occur before for the other in this scenario? In other words, if the funds withdrawn derive from an LLC-owned property, can the principle owner of the LLC use those funds in a private transaction?

Not sure if this matters, but this would all occur in the State of Washington.

I appreciate any help and guidance on this one!