Should I refinance?

[Charlie Gomez]

I am currently following Dave Ramsey’s plan on finance. If you don’t know it is summed up with 7 baby steps. I’m on step 6 which is pay off your home early. I currently have a 15 year loan at 3.3% with 11 left if I let it ride with no early payments. Im rentIng thIs home. After reading about cash flow I learned that I can refinance back to a 30 year loan and get about 700 cash flow. Should I bite the bullet and pay down the house and get 100% cash flow in about 5 years with early payments or should I refiance to a 30 get instant cash flow and save up for a second home? Thanks!