Looking for both sides of the "refinance out of my 15 year loan?"

[Adam Stroik]

Greetings BP,

I currently have a SFH in San Diego with about $250K of equity. I have 9 years left on a 15 year note. its is cash flowing $100 per month. I know there are two sides of this argument. do I let it ride for 9 years and then get a huge bump in income or cash out refinance into a 30 year and get that equity working, hopefully increase my cash flow a bit. I'm hoping to hear opinions from both sides. thanks all