What LTV % Needed For Cash-Out?

[Devin McGinley]

I owe 274k on my property getting appraised in the next couple weeks, sometime. The exact same floorplan just sold for 360k down the street. I'm thinking around 350k is what mine will appraise for. With that being about 78% LTV; would that warrant a cash-out?

Knowing would help me prepare and plan for my next property.

Thanks!