Best bang for the buck?

[Duane White]

Hi everyone,

I am trying to find out what I should do with my current personal residence. We currently have about 60K in equity in our current house and we want to get into some single family rentals. My question is, do we sell the house, move into another house and take the gains to put down payments on rentals,or do a cash out refi for rental down payments and either stay in the house or move out to make it a rental? Currently have a 30yr fixed VA mortgage and am about 5yrs into the loan. Any thoughts and/or ideas would be great. Thank you!