Starting out with STR

[Christy Rivera]

I currently live in a SFH in Orlando that is approx 2-6 miles from major theme parks. I have to relocate and want to keep this home for STR. I'm eligible for refi on this property but i have to secure a 2nd loan for a home in my new city. Not sure on the order of operation- should i purchase new home 1st then refi or refi now? Ideally I would love to do it all at once. It will take a month or so to get the property STR -ready. Thanks in advance...