House hacking second property in NY

2 Replies

Hi BP family, HELP! Lol

I own a rental property in Florida (free and clear) and live in NY, I am looking to do a cash out refinance on that property so I could use the cash as a down payment on a two family here in NY in order to house hack my way to my second property, I am also looking to get a line of credit.

My question is, What should I do first, I am a little worried about the hard pulls on my credit in a short time.. any advise would be greatly appreciated..