Advice on how to invest $ in the bank

[Paul K.]

Hi BP,

I recently sold my florida property and was in the process of finding a new property in KC when i lost my W2 job. I was planning on getting a 30yr fixed mortgage, but that's mostly out of the question. 

I have money sitting in the bank to invest, and not sure best way to execute. Should i wait to get another job (2-3 months) so i can get a loan and purchase 2-3 properties, or purchase 1 property with cash?  I could then refinance at a later date?

Thank you for any advice🙏