looking for some advice

[Kye Dawson]

Looking for some advice. I currently have a 4plex that I purchased with a owner occupied FHA loan at 5% down. With 3 of the 4 units rented I cash flow a little over $500/mo total. PMI is currently $410 a month and I have an interest rate of 3.5%. I have saved enough to reach the 20% down, which would be 91k. If I refinance I could lower my interest rate, drop the PMI and cashflow an extra $1000/mo. The con of this would be that it will take away 80% of my savings and I feel like I might miss an opportunity to by a BRRRR property while trying to save up again. Any suggestion would be appreciated.