using funds from cash out refinance to fund down payment on inv

[Westlake John]

Currently in contract for an investment property, I am doing a cash out refinance at the same time to fund the down payment

Question: For the cash out refinance will that need to close before we close on investment or can both closings happen on the same day?

I am wondering since I am using funds exclusively from a cash out refinance, do I need to deposit the funds in my bank and then close on the investment property a few days later? 

[Eric Johnson]

The only way to know for sure is contact your title/settlement agent for your new acquisition and your refi. Make sure you tell them exactly what you want to happen, don't assume people know what you're thinking. Once you make the ask, they'll let you know for sure if it's doable or not.

If it is, feel free to ask execution based questions (ie how will this actually work and is there anything I need to do to make sure it can work). 

Never assume anything in real-estate, that's where you run in to a lot of issues because then people start telling you, you cannot do 'x' thing because of some missed details. 

Good luck my dude