Moving Forward Advice

[Kevin Rodriguez]

I am looking for some advice on how I should move forward in my Real Estate Investing. I currently have two VA loans out one which I am using as my primary residence in San Diego (Town Home) purchased 1 year ago. Another home that is also under a VA loan in which my parents live (approx 1 hour north of SD). I was able to keep that first home under the VA loan due to change of circumstances where I moved back to the San Diego area for school. My current situation is that I no longer work but I do get VA benefits so that is what I use as income and my wife also works. Recently i have been receiving plenty of cash out refinance offers in the mail and I have been thinking about refinancing and using that money for another property out of state. Any advice is welcomed.