Cash out refi question

[Crane Xu]

I have an investment property (100%) equity that I'm taking out 70% LTV to pay off 2 additional investment properties' mortgage. My question is once the 2 properties are paid off, how soon can I take out another cash out refi for additional investments? I have over 12 months of cash reserves on all properties combined.

[Torrell Palmason]

Just did a quick search on Taylor, TX and was surprised you could pay cash for those with the equity you spoke about. If you are planning to go that route @Kevin Sobilo is right to say do all 3 refinances at once so you can get the low fixed rate instead of the Adjustable rate HELOC.

Good eye for trying to get in the area prior to the plant being built there. 

Best of Luck!