I could understand refinancing if there is equity that can be tapped into but I wouldn't refinance in order to transfer the property to an LLC.

The current house was bought in 2017 for $260,000, refinanced in 2021.

Save yourself from the HM rate and points plus the cost of refinancing later.

So if he refinanced then he'd actually have a higher payment after paying in what he was paid for the land?  

Cash - Then refinanced to renovate in 2020.

Also is there is a way to defer Capital gains.Market Conditions: Look into local rental market trends and economic outlook to decide if things might improve or get worse.Management Burden: Assess if managing these properties is too much work and if it’s affecting your cash flow.Alternatives: Consider refinancing to reduce costs or a 1031 exchange to defer taxes and keep investing.Consult with a financial advisor for personalized advice for sure.

Unfortunately, I do own investment properties abroad that are still financed, so any lender that has experience with this would be much appreciated, the lack of experience in that regard has been a painful, and long underwriting process at first when I bought and then again when I refinanced my home a few years ago...

Not sure if it would make sense for you specifically, would need to know a bit more about your situation and everything, some people we help that are looking to consolidate debt consider refinancing to lump all their payments together since a primary residence lending option has lower rates than some of the alternatives. 

The thing is, our mortgage is at about 2.8%, and I don't have to tell you how much higher it would be if we refinanced to get the mortgage in her name alone.

If the property will be a value add and purchased with a rehab loan that will later be refinanced, or paid off via a flip, a HELOC could be a good option for you.