Is it worth keeping refinancing in mind when remodeling?

[Tim Coppola]

Does going "bigger" when remodeling a rental unit make much of a difference if you plan on refinancing? Is it worth it to spend an extra $7-10k above your budget now to get hardwood floors throughout instead of using carpet in the bedrooms, or getting granite countertops instead of formica, or using more expensive cabinets and tiles?