$50K from VA cash out used for LTR

[Frederick Peregrino]

Hello BP Family,

Hoping to receive $50K from VA cash out refi from primary home. Seeking advice as NEW OOS investor on how to best acquire rental investment properties. I'm considering investment in SFH or MFH Indianapolis area.

How is BRRRR process in initial buying. With the $50K do I use that towards down payment, closing and light rehab. Than Rent and refinance to be able to pull funds back out to Repeat. Thanks in advance.