Seeking advise about a cash out refinance

[Rob Nappi]

Hello everyone,

Here’s my situation. I’m looking to cash out refinance my primary residence and use the cash to buy rental properties. 
I was thinking about buying that properties out right all cash then after seasoning refinance out of that and buy more and keep that ball rolling. 
my goal is to make enough renal income to cover my primary mortgage in time. 

Thoughts, opinions? 

Thanks in advance for your time. 
Rob