Happy to help!

The general rule of thumb on refinances is to do it if you can make back the transaction costs within 2 years.

First off, how many people is he selling this list to?

I once bought a house that was so terrible of cat piss that you virtually couldn't go in without a respirator and I thought I'd have to tear out the subfloors to fix.

@Paola Astrid, if so be the case, refi to a conventional investment loan. 

(Give that to sellers, they picket $100k after paying off the loan.) and then pay them 4.5% interest (what they could get from the bank.) now you’re talking $750/yr extra interest, and it’s being paid to family. 

You haven't provided us with any information that would help us help you.My recommendation: do not sell a property unless you have a plan to invest it in another property that will perform better, or if selling will move you closer to your goals.If you don't have a firm plan, hold onto it until you do.

in the heart of the delta.. what do you want to sell it for ? 

I do not want to wait 6 months-1 year to repay them. 

Quote from @Scott Trench: Hi Folks - I am fishing for more advice from the experts in the forums here.