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.

Greetings BiggerPockets Community,I’m reaching out for advice from anyone with experience in the Jacksonville, FL market, specifically in the Southside/Baymeadows area.

My expertise spans residential construction, and I recently started my own virtual residential construction consulting business to share my knowledge and help others succeed in the industry.I’ve successfully flipped multiple homes and am now looking to expand my investments in long-term rental properties.

I’m 25 years old and early in a tech career.

going to be a lot of Gap funders crying in their beer over the next few years. thanks to on line Gurus training this.

How should the security deposit be managed in this transition?

I am buying in that area and I work with multiple clients that are looking to buy in that area also if you have a good deal.

If you’re ever interested in investment deals and value-add properties feel free to reach out.Good luck!

Best of luck in your journey. 

I was asked yesterday by a good friend of mine who has got 1-2 rentals in the last year and I wanted to check with you all first.