200k equity in personal. Where to start as investor

[Dontaveus Brown]

I have a little over 200k equity In my personal home right outside of Nashville TN. I’ve done a handful of wholesale deals so I’m somewhat familiar with the market and how investing goes. I’m just looking for advice from more experienced investors on what route to take with the equity.

[Reid Chauvin]

If you have any debts you need to pay off, improvements you want to make to the home that could increase the value, or other prospective homes that you could use some cash upfront to purchase, then a cash-out refi could make sense for you. Especially if you have not already refinanced and taken advantage of lower rates.