Cash out refi to invest

[Brad Cullen]

I am a newer real estate investor. We currently have 2 rental homes that are doing fantastic. Our primary house has an abundance of equity in it and we have 25 years left on our mortgage. I'm thinking of doing a cash out refi which looks like our monthly payment would stay the same and I'd get enough cash to buy 2 more rental units. Is there any reason we shouldn't do this? Or, is there anything I should be cautious of? Thanks for the feedback!