Short Answer is yes, via interest tracing rules. 

Hopefully, this will give you some information to consider before moving forward and questions to answer 

Would love to assist or answer any questions for any of you guys. 

Much more than a forum answer post can hold. 

Your answer needs to make sense, and be true.Also refi'ing your current primary into an investment loan also has the potential to be fraudulent if your family still occupies it as their primary. 

I'm frustrated and pulling the plug if I don't get an answer ASAP.

No one can answer that because we don't know what market you are in and what your list price is versus the actual value, as well as the scale of the town.When something hasn't sold in 50 days, it's overpriced.

Hi all,  I just wanted to express my gratitude for all you guys taking the time out of your day to answer my questions.

do not answer on a public forum.I have done it as trustee on 3 properties fairly recently and helped another trustee a couple/few times long ago.The step up basis is time of death (TOD) value.  

Once the renovations are complete, you could either refinance it into a long-term loan or list it for sale.Happy to answer any further questions!