I just got off the phone with a real estate developer.

Were you able to find a good solution? 

But a cash out refi is good if you want to use those funds to buy a LTR. but you gotta find one quickish so you don't burn wasted capital 

I am new to real estate and looking for my first investment.

Hi Greta,It’s great that you’re considering your next investment and exploring both real estate and acquisitions.

Also, check out Propstream, they have a 7-day free trial.Connect with Locals:Talk to Realtors: Local real estate agents can give you a good feel for the market.Join Investment Groups: Look for local real estate meetups.

In real estate we say "everyone wants the perfect house, at the perfect location, at the perfect price, but you don't get all three, so pick the two that are most important to you," and this is an example of that.

@Vishal ChandanRecommend exploring as many sources as possible to get referrals AND cross-reference them to get as much accurate information as possible.Check out NARPM.com, BP’s Property Manager Finder (BiggerPockets: The Real Estate Investing Social Network), etc.Also, encourage you to learn from the mistakes of others - by reading posts here on BiggerPockets about owners not having their expectations met by their current Property Management Company.

Just trying to find the location to invest in is the tricky part. 

You can literally find answers to all of your questions within the confines of this site.