You'll be required to keep some equity in the property, and the amount depends on the lender/program.It's not TECHNICALLY a cash out refinance, it's called delayed financing. 

These are double wide homes that would be attached to the permanent foundation (on owned land, not in a park) and that the investor would look to sell right away to people that would occupy the homes as their primary residence. 

On the MLS!!

I'm in process of selling another property with no mortgage now and have the financing lined up for the next purchase as I'll have ample equity in a few weeks.

go to REIA meetings, go on Facebook, talk to agents, talk to property managers, talk to everyone.

Then you have to really stay on top of the renovations.

Not only will this help you save on additional costs, but it will also provide you with valuable knowledge and experience for any future endeavors.

Everything I know, I've learned on my own through independent research.

That gives the agent a stronger offer and you have a greater chance of winning the home with a loan commitment versus a Pre-approval letter.As of this morning rates are down on all programs for Primary homes, Second/Vacation homes, and investment homes. 

If not then other owners could have a very negative influence on your property.