I do have some savings, but I would like to do this next deal without tapping into that if I can.

how long do I have to wait to tap into the equity of my first rental which I will use to purchase my second property do I have to wait 6mo  bc I would like to be on to my next property within 6mo. thanks in advance 

It is always helpful to add some sort of value to conversations.Happy investing and tap all the resources that are offered.

However, I would first look into tapping equity in your primary residence.

Couple that with the fact this is a great deal that should produce awesome cashflow for the foreseeable future I am definitely going to hang on to it and look at doing a HELOC off my personal residence which has a ton of equity waiting to be tapped. 

I'm ready to tap myself in with the other individuals that are really making money in RE.So in that being said, my question is can someone who has a bankruptcy (a Chapter 7, not a Chapter 13) on their credit file get introduced in this.

That same 100k wouldn't even tap into a 1 million dollar property with value-add.

Of course, mistakes and accidents happen so you could always be an amazing landlord/property manager that gets sued, but that's why many tap into umbrella policies.

Is it worth having to potentially tap into the equity for this property and have to pay interest on your own cash at that point?

We tapped into it for drinkable water for days until water was restored.