When to cash out Refi?

[Bret Blackburn]

We’ve experienced a tremendous amount of appreciation here in the north Texas market. I’ve been contemplating taking advantage of this and doing a cash out Refi on 2 of my properties. I would go with a Heloc, but Heloc on investment property in TX isn’t an option. I would utilize the funds to acquire additional properties when the time is right and an opportunity presents itself. Things have been to crazy to buy and deals are there, but harder to come by. Cash offers have been the best option. What factors would you consider when deciding to pull cash out of your buy and hold properties to purchase additional buy and hold rentals? Thank you for any feedback