CashOut Refi to purchase another property

[DeMarcus Hogan]

Hello newbie investor trying to reach financial freedom. Bought my house with the FHA program. Fixed it up from 148k to 220k value. My plan is to do a cash out refi, possibly take 65k to invest in properties out of state and slowly build cash flow. How can I maximize money and reach my goals? Any help is help. Please and thank you.

[Eliott Elias]

You maximize the money by leveraging it. Don't use the entire 65k to put towards a down payment, put down payments on as many as you can. You can buy 3 flips with that money in Killeen