Should I refi now or when things get back to normal?

[Frederick McCree]

I currently own my first investment property with aspersions to purchase my second, possibly within 4-6 months. Is it wise to refi now (for home improvements to existing property & available funds for next purchase), or should I wait till the coast is clear?

I appreciate the advice in advance

[Cassi Justiz]

If you can refi and still cashflow, then I would go for it.
But you should consider how stable your tenants are and what your loan to value and debt to income ratio is going to be. Many banks are increasing their requirements for lending and decreasing the amount they are lending on, so it's really going to be based on your specific situation.