If you own a home can you refinance?

[Tyler Winchell]

So let's say you bought a duplex for 40k and put 10k into it and now worth 80k. Of your own money, what loans allow you to get that 50k back in cash and have a mortgage on it?

[Tom S.]

Yes, that's the way to do RE - pull that money back out and use for the next place.  Repeat!

Remember whether or not you occupy will make a difference how much you can pull out.  But $50k on $80k is reasonable.  Assuming your credit, income, etc are all in order.