cash out refiance question

[Bill Zarzecki]

Looking to start purchasing homes for buy and hold rentals, I'll probably do a cash out re-fi on my primary residence. Does it make more sense to cash out and rent my current home to a tenant, or use the cash out and purchase 1 or 2 rentals? My wife wants to move, and I want to acquire as many properties as quickly as I can for cash flow. Just curious if anyone has done anything similar to this, or has any advice on a good strategy, thank you