Should I Refi to Finance Next Deal?

[Andrew Schlessinger]

So...

I bought my first property in Dec 2014 and finished the rehab in February.  Spent all of March working to get the Section 8 inspector in (failed the first time around), and am finishing up the "fix" items so I can pass the second inspection.  I have a renter lined up (clearly) and will likely have them in within the next month.  Not a bad start, had some great mentors (the best!).  Litterally couldn't have done it without them.

Now that this project is making its way into the "landlord" phase I'm thinking of doing a refi to fund my next deal.  I think it makes for a good strategy (buy, rehab, rent, refi), but would like some advice from seasoned investors.