I highly recommend you do what your city requires so that when you go to sell, you have a clear record with no question marks that might deter a buyer.Now I'll tell you about my experience. 

Pull the tax records for cash deals in your area, filter by LLC.

No matter the size of the new loan you have flat fees: underwriting, appraisal, plus title and escrow, recording, notary the same as when you started the loan BUT you do not have any seller contributions to subsidise part of the title and escrow/attorney costs.

I am in the process of updating the records with the county to ensure a smooth appraisal / refinance.

@Kuriakos Mellos - in my area, washer and dryer access is worth about $50/mo and costs me $300-1200 to put in depending if I’m in town and can buy used on Facebook or I need to buy new on Costco com, HD, Lowe’s or Best Buy.

Generally banks don’t advertise these rates and really only offer it after you have a very strong track record and large deposits with their bank. 

I’m aware now that the ARV is going to be based off my markets cap rate and NOI but since there is no track record of previous income as an 8-plex how would that play an effect on the ARV or acquiring a commercial cash out refinance loan?

IF you did, the new buy would have to sell it to you.All of this only works if you record the option contract with the county from the start.

where they jump on the call and record themselves talk to sellers, and they haggle them to drop the price, property unsean, making fun of them, talking bad about them as if they are the enemy.Yes you Youtube "Gurus" I called you out!

Three or six months after closing, when "Jane and Sally" (on paper, the client of my boss) had a friend that wanted to buy a home, Sally would hand that friend my contact info, not the phone number of the LO-of-record.