Hello , I have a rental property in memphis and now planning to get second one.I need to understand if I cash-out-refi my first property and put the cash downpayment on second one , Should I consider that as 0% downpayment Or 20% downpayment to calculate if the numbers make sense.Also suggest if I should do it at this point or wait some more time.

The local title company says I should talk to an attorney first, but I'm wondering if this is necessary.

Got it thanks ill check it out, hopefully there is some clear guidelines on this.

It is hard to find tenants in an area like this.

I was a banker for many, many years before we started this company.

What steps are you taking now to make this goal happen in the next 6 months??

Is this process pretty self explanatory if I just follow the correct steps? 

However, the buyer might click just to see "what this ad is all about" or to check if you have properties for sale.

I am new to RE investing, and hoping to tap the collective power of this awesome group in starting my RE journey. 

@Alysa Greenehi. no offense intended, but if you have to come here to ask what to do next... maybe you weren't ready to put this property under contract.