@James Mitchell You should rent a sander from home depot and sand them yourself and refinish them...prolly $300 total materials including tool rental and 3 days labor...

Residue build up on powered sanders is common.

I don't want to shake hands and my pants fall down because I didn't come to the meeting without a belt!

I would stay away from this type of investment until you have a few under your belt.

My goal is to get a few flips under my belt, and this use to acquire buy and holds.

I am finding that there is something that is currently not present in my tool belt and that is creative financing. eg: sub 2 or Seller financing as well as any others that are out there.

About 2 months ago, I was planning for a my 1-week trip to Pittsburgh-Cleveland-Detroit (the classic rust-belt cities) and I started networking on BiggerPockets to find good turnkey companies/realtors that I can work with locally. 

And once you get more and more houses under your belt, the cash flow snowballs and your net worth goes up exponentially within 5-10 years.

You might also find someone there with whom you can partner on your first deal.Alternatively, I know of a good trainer who will drop in and help you actually get a deal or two under your belt...not just tell you how to do it.One more thing, Austin has a private lending fund located there to help you fund your deals short or long term at competitive rates.You are wise to proceed carefully.  

Instead of spending the money to refinance, just tighten your belt for a year and pay them off asap.