@Trevor Riley- how about  puuling some   cash out of the  property  while you still live in it  ...use this  cash as the seed for a new  purchase  and  turn the present home into a rental .....make sure that the new loan amount / payment  can  be  covered  by  the  possible  rent you could receive  renting it  ...if you want to  keep  things  simplified  - I would vote for  selling /  keeping some  of the proceeds for rental  down payment and  using the  other  potion for a down payment on new  primary home 

We did not finance we wholesale this deal to get seed money for the company.

You discuss whatever monies are needed to seed the startup of the business but after that its your thing alone.

@Juan Castillo Jr selling your primary residence is actually one of the most powerful things you can do if you don't have the seed capital to make the leap.

A conversation in January with a coworker (and BP fan) opened our eyes and here we are - we just closed on a cash-out refi of our primary residence (in Missouri) today @ 2.875% and we're going to use that as seed money for somewhat of a cottage (2B/1b SFH) built in the 1940s in southwestern MA. 

I agree with @Joe Villeneuve sell it and use it as seed money to leverage into a larger portfolio.

As a CRE broker, I tell all my mentees that it's not about selling a deal today but planting the seeds with an owner that you are the one they should call if they ever decide to sell.I don't focus on multifamily but the way I prospect is by pulling all the properties I want to call the owners on from CoStar and then I send them a flyer or an email (if I can locate their email) and then cold call them a week later to discuss.

My partners on the flips have suggested that besides the written recorded agreement that stays with the property for eternity, we also set up an escrow account where we will add $5000 seed money so the buyers have that money to cover any expenses and repairs that could come up down the road.

I am currently between jobs so I've been having trouble finding somewhere I can do a cash out refi.For context, I'm currently house hacking, but looking to do the cash out refi so I can hopefully get more seed money to get my next property.

Don't say anything about the new amount, but its good to plant that seed in their head that they can expect an increase.