Rolling money form deal 1 to deal 2

[Brandon P.]

My wife and I are within a month of buying our first place in Orlando, Florida. We were blessed to have my father use a cash-out refinance on his residence in Minnesota which allows us to fund this deal 100% (no bank loan). Once we get our place in Orlando, we will simply be paying him back every month, he essentially will be the bank, on the 30 year loan. The question we are trying to figure out before we even secure this first deal is: How/what method will we be able to roll this money out of a cash deal into our second deal?

We won't have the option to use a HELOC or cash out refinance since my father is the bank in this scenario. We are just trying to generate other options of how we can leverage this first purchase into our second one.

Thanks for your opinions. 

Brandon Peery