Should I Refinance my primary residence into a higher rate or no?

[Logan Brokaw]

I am considering doing a REFI on my primary residence to get access to a 100K HELOC. The problem is I have a VA loan on it and will have to REFI into a conventional loan to do so. My current APR is 3.25% and my new rate will be 4.125%. My Monthly payment will actually go down slightly, but is it worth the increased rate in order to get access to that 100K HELOC? I will be using the HELCO to do BRRRR deals.