Need advice on pulling equity out of a property to buy more real estate

[Christian White]

Hello All,

I'm in the process of turning my primary residence into a rental. I travel for work so i generally rent a place where I'm working. The home is worth around 300/310k I owe 170k on it. Hoping to get around $2,750 a month in rent current mortgage is 1,400. My intention is to take the equity from that home and buy a duplex to rent out. Any thoughts on whether I should go Refi, HELOC or maybe just wait?

Thanks in advance

Christian