Sell or refi a rental property?

[Hyung Park]

Hi all, I’m in north of Atlanta, GA area and I have a rental property which is all paid off. I need to pull some money out for personal use and as I’m doing it I’m thinking about freeing up some cash so I can invest back into real estates as opportunities arise in short future as people expect. My question is that would it be better to sell it now or pull the cash out and refinance? I’d appreciate all your comments and advice.