Should I refinance to buy another property?

I bought a new construction duplex a few months back at $360k and currently house hacking. The value has gone up to $550k and I was thinking about a cash out refinance and use the money for a down payment on another investment property. What are the advantages of doing this? What do I need to consider if I push through with this? by frostman793 from Denver, Colorado. Mar 16th 2022 Reply