Refinance 30 yr vs 15 yr with cashout?

[Varouj Asdourian]

Hi. I want to refinance by house and consolidate my first with a HELOC loan that I have and also pull out some cash too. I wanted people's opinion if I should go with a 15 year option or a 30 year option? I will be retiring in about 15 years. My home is worth about $1M . My first and HELOC combined are $510000 and I wanted to pull out $100K to invest in another investment property. My wife and I currently own our home and a triplex we rent out. Your opinions would be appreciated. Thanks.