First steps on my journey!

[Joshua Corser]

Hello everyone! Brand spankin' new member here, and excited to start this journey. I live in Jackson MI, and I am currently interested in SFH, at least to start. I own a home (have a wife and 4 kids so house hacking is out), that I have a decent amount of equity in. Can/Should I take a cash out refi to purchase my first property? I honestly do not have enough saved up currently to put down 20K for a down payment, but I would like to start sooner rather than later. Any guidance would be appreciated. Thanks!