Is it to early to refinance..?

[Jerry Ruday]

I purchased my first property with seller financing for 50k, I invested mostly cash with one small 10k loan. The downstairs is rented out as an antique shop. I completely redesigned the upstairs to an open floor plan 2/1 apartment. It has been 14 months since i started but like I stated before I completed the project myself, with cash, on nights and weekends. I still have some school loans to clear up and would like to do a few exterior projects and possibly update parts of the downstairs. I am open to any suggestions on wether to consolidate and refinance... Or continue the way things are.I owe roughly 40k on the private mortgage w a $551 monthly payment.