Cash out Refi on Primary

[Jason Balanzategui]

I currently have an opportunity for a cash out refi on my primary at 2.5% using VA. I have one rental property and I'm contemplating on taking the plunge, and starting to create a rental portfolio and get away from working for the man. So, I can purchase another home, add sq footage to the existing rental property and use that as a write off/increase rental potential, or not do anything at all. Looking for suggestions. Thanks!