Cash out refinance vs sell

[Gabriel Barrero]

I am in the process building a investment company while working full time in the Army. I'm basically starting an LLC for tax benefits. My current property (which was my first)I purchased as a short sale for 136k 3 years ago. I currently owe 123k and my house is currently worth 190k. I have renters in the house now. I'm debating refinancing to get cash in hand to purchase another rental vs selling out right. I'm very torn what is the best decision. I'm a newbie in the game and want to see if anybody else has shared the same experience.