To Refi or Not?

[Account Closed]

Here is my situation:

Bought a house in 2012 for 230,000 put down 20% and owe around 177,000.
The area has appreciated greatly and the house is currently worth 350,000.

We currently use this house as a rental property and also own another rental property and a primary residence.

Can you give me some advice on using the equity in my rental to buy more rentals. Is that a smart decision?

If I do refi, are there certain terms I should be looking for to get the best deal.

I really appreciate your input.

Gerry