Cash out refinance/ rental versus residence

[Alecia S.]

I own five rental properties and am in the process of doing a cash out refinance on one of them. I own my current residence and do not have a mortgage on it. Do you think it is better to do a cash out refinance on my primary residence to save in interest and receive more money to invest or to do it on my rental property. I could save about 300 dollars a month doing it on my home but do not know if I want to risk losing my home to invest in more properties. What do you think?