Re-financing before Rehabbing or wait?

[Forest Owen]

First time investor here and new to BP. I am currently house hacking a 3/2 here in Cocoa Beach, Fl area. My initial goal was to rehab the house after saving up some money. Since buying the house the property valve in my area has gone up substantially (~80k ish) in the past year. My question is, should I refinance the house and use that extra money to rehab the house and then refinance again when it's finished, or should I continue to save money and just pay out of pocket to rehab the house and then refinance. Long term goal with the house is to hold. Thank you in advance!