Loans for Buy and Hold Property

[Kerwin Cabrera]

I own an investment property free and clear. I am in the process of refinancing it to use that money as a down payment for another investment property. Will it be an issue if I get this mortgage (I also have a mortgage on my personal residence) and then apply for another mortgage a few weeks later for my next investment property? I would like to get the loans under an entity but I haven't had any luck doing that so I'm continuing down this route until I can get funding for an LLC to purchase properties.