Financing Investment Properties

[May Wen-Li]

Hi investors,

How do you guys normally purchase foreclosure properties that will be used as rental?  

I am thinking to get this foreclosure for rental, but in order to will the bid i will have to do cash offer, and cash out later. My mortgage guy told me since I already have 4 financed properties I will not able to cash out. Is that true? And what options do I have to get the house and able to get most of my cash back?