Help $45,000 what should I do?

[Diane Rinnix]

My husband and I are new to real estate investing. We've had one rental house for 4 year and after listening to bigger pocket we are doing a cashout Refi on it in 2 days and we will get $43,000, currently bought another rental property last month and my husband is fixing it up and should be able to rent by Feb 1st and then plan to do another cash out refi. We are saving about $4,000 a month from my W2 job that I can't wait to leave. We have worked hard over the last 3 years to get our expenses down to about $2,500 per month, and we have no debt except for mortgages. Here are my questions.

1. What should we do with the $45,000? There is a SF property we can get for $30,000 cash but would require about $20,000 in repairs- should appraisal for around $70,000, but would leave us with no more money for other deals.

2. The property that we bought in December with a loan, how long do we have to wait to do a cashout Refi? We brought it for $36,500, and it should appraise for about $80,000.

3. Should we look into doing Multifamily?

4. Keep the cash and use a bank loan on the next property?

5. We have a signature personal loan through our credit union for $60,000 but it at 10.75%. And to be quite honesty little nervous about using it because of the high-interest rate?

Any thoughts would be appreciated!