You would then have two loans, one on your home and one on the refi to access the equity on the investment home.Why not just use the refi cash out from your home loan for future deals? 

Investment Info:Single-family residence buy & hold investment.

Welcome to BiggerPockets Melanie and best of luck investing!

@Jimmy O'Connor I don't invest in Philly, at least not yet, but this is great information! 

I tried attending one in my local market a couple of times but felt like I was in some hotel ballroom being pitched on how the 12 year-old kid up in front would teach us all how to run to the back of the room to swipe $10K on our AMEX for the secrets of real estate investing.

So I've been wanting too go out a network with investors and loaners/lenders but I don't know if their is any events that is real estate and commercial real estate investing based events in DC, does anyone know any events in the DMV that is good too join?

You want to work with private money, not residential mortgage companies for investment properties.

Wow, just getting started with INVESTMENT real estate.  

@Shema Cochrane Most investors I've known in the mobile home investing space who have transitioned from smaller deals to larger deals have worked with partners to offset the risk especially when purchasing mobile home parks. 

Good luck & happy investing!