Hi, I am looking for some help refinance my two investment properties, I am currently paying 4.88% on both the loans, the refinance worked out to 2.8% but after all back-n-forth, the banker is now telling me that I have to convert the deed from LLC to my name, first of all I am not sure how long it takes for deed recording to reflect and secondly I am not sure if I want to do it as I did the whole LLC thing to  get shelter from liabilitiesI was thinking why not refinance my primary home and pay off the loans with investment property but then I may lose on tax benefits?

That only leaves about $40K subject to cap gains taxes.If there was more left over, you could consider renting it out for a year before selling to convert it to an investment property.

He converted it (on our dime, of course) from a 3/1.5 to a 4/2. 

The plan is to live in it for a year, then convert it to a rental. 

Initially, I was looking to purchase a multi-family home (a duplex, in-law suite, or converted garage) in the $200,000 - $250,000 price range.

Hey, I want to convert my unfinished basement into an apartment but I’m not sure exactly how much it will cost.

The former owner converted the 2 car garage into an in-law suite with full bathroom.

Investment Info:

Single-family residence buy & hold investment.

Purchase price: $164,900

Cash invested: $10,000

Bought this house in 2004 as my Primary residence.
Don't know in total what I spen...

I also saw there was a detached garage that looked like it could be converted to a studio.

If they lease the rental, then you convert the holding deposit into the security deposit.