First Investment Property

[Brandi Smith]

My husband and I have a goal to buy our first investment property this year by using the capital we get from selling our current home. The net proceeds on our current home will be around $245K once we sell. We are about to move into a new build home (within the next two months) that has already gone up at least $100K in value from when we purchased it 10 months ago. Is refinancing right away something we should consider because of this significant increase in the value? Any tips on getting started with where we are in the current situation would be greatly appreciated! We have some student loan debt to pay off first with the capital, then want to put some into real estate investing if it is financially possible. Thanks for your advice!