How to Use Equity to Invest in a second property?

[Jasmine Walker]

I hope to acquire 2 properties this year. We are currently working abroad, so we are looking to invest in a turnkey property as our first real estate acquisition. I want to plan for our second property. Can I borrow against the equity of the first property to put a down payment on the second deal? If so, how long after buying the first property can I borrow against its equity?