Your answer needs to make sense, and be true.Also refi'ing your current primary into an investment loan also has the potential to be fraudulent if your family still occupies it as their primary. 

Quote from @Jadan Williams: Hello bigger pockets experts, I currently live in california but will list my house for sale within the next couple months i want to use between 100-200k for an investment but not sure how to go about it.

Here’s a bit of background on my current situation:I own one rental property that generates $1,900 per month in rental income, and it is paid off ($300K).My primary residence is also paid off ($288K).I’m currently building another rental property with cash ($200K).

Currently, I’m in full research and networking mode—learning, looking to connect with local investors, and exploring my first investment.

I currently own one property, and I’m planning to purchase another.

Currently my husband are out of state investors with 3 single family rentals in KC. 

Current balance of loan is around $380k.

Would need to know about locations of your buildings and current rents to see if there is anything that can be done now to get numbers a bit better.

Interest Rates: Current spreads, rate structure, buydowns, mission driven business, factors that influence your rate, etc.5.

Our current mortgage terms include a late fee after 5 days, so they’re already paying extra each month and have to split the total monthly payment up between 2-3 payments when they get their pay check.