My guess is that you will pay less per month with multifamily than a single family. 7.

My question is: How do I properly take the interest that my LLC has put into the new LLC and give it to my person for the purposes of getting a loan from the bank through a refinance.

If you don't know how to do this properly it can be detrimental. 

@Jordan Miller - I think to give proper guidance it would be good to share more details on the revenues and expenses on the property.

Example, a short pay history - non-redeeming factor, a 25% down payment, a redeeming factor to counter the short pay history.

At this time, I am having to pay all cash in order to close.Purchase price is approximately $600k.

You also need to consider that at a lower percentage of money down you will be paying a Mortgage Insurance Premium or MIP. 

It is nearly impossible to follow NYC's requirements and run a proper housing business.

that we’ve learned in our 24 years, managing almost 700 doors across the Metro Detroit area, including almost 100 S8 leases:Class A Properties:Cashflow vs Appreciation: Typically, 3-5 years for positive cashflow, but you get highest relative rent & value appreciation.Vacancy Est: Historically 10%, 5% the more recent norm.Tenant Pool: Majority will have FICO scores of 680+ (roughly 5% probability of default), zero evictions in last 7 years.Class B Properties:Cashflow vs Appreciation: Typically, decent amount of relative rent & value appreciation.Vacancy Est: Historically 10%, 5% should be applied only if proper research done to support.Tenant Pool: Majority will have FICO scores of 620-680 (around 10% probability of default), some blemishes, but should have no evictions in last 5 yearsClass C Properties:Cashflow vs Appreciation: Typically, high cashflow and at the lower end of relative rent & value appreciation.

If the tenants don't care for the pool properly, it could cost you thousands to fix.